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Compound Interest and Depreciation

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Question 15
36%

Clara invests £6500 £6500\,£6500 for 6 years in a bank account. The account pays 1.4% per annum compound interest.

Calculate the amount Clara has in her account after 6 years.

[2]

Compound Interest and Depreciation Questions

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