Simon invested £20 000 at a compound interest rate of 2.5% per annum.
At the end of
n
...
Mathematics, 03.05.2021 14:00 megamorph
Simon invested £20 000 at a compound interest rate of 2.5% per annum.
At the end of
n
years the investment has a value of £
V
.
Write down a formula for
V
in terms of
n
.
Answers: 2
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