Compound Interest and Depreciation

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Question 13
Hard58%

Amara invests £4500 for 2 years in a bond that pays 4.2% compound interest per year.

Calculate the total amount of interest Amara will have earned by the end of the 2 years.

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Compound Interest and Depreciation Questions

  1. GCSE
  2. /Maths
  3. /Compound Interest and Depreciation