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Compound Interest and Depreciation

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Question 4

Daniel invests £12500 £12500\,£12500 for 4 years in a high-interest account. He receives 3.7% per annum compound interest.

How much money does Daniel have at the end of 4 years?

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Compound Interest and Depreciation Questions

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