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27 February, 10:33

Derek buys a house for £150000, He sells the house for £154500.

A.) Work Out Derek's percentage profit

Derek invests £154500 for 2 years at 4% per year compound interest.

B.) Work out the value of investment at the end of 2 years

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Answers (2)
  1. 27 February, 10:39
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    A.) Work Out Derek's percentage profit
  2. 27 February, 10:43
    0
    B) 154500 (1+0.04) ^2==167,107.2
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