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6 November, 22:47

Dan invests £8000 into his bank account.

He receives 2% per year compound interest.

How much will Dan have after 3 years?

Give your answer to the nearest penny where appropriate.

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  1. 6 November, 22:58
    0
    If 8000 dollars multiplied by 2% is 160 dollars and 160 dollars multiplied by 3 years gives you the answer of 480 dollars
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