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Mathematics, 15.02.2021 23:50 macorov37

I take out a 5 year loan of 10,000 with a 5% annual compound interest rate how much interest would my loan accrue after 2 years ? John Made £1,243.47 interest on his savings this year. He has a personal savings allowance of 1,000 but any amount above in taxable at a rate of 20% . How much interests does john make on his savings after tax ?

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