Harry invests £6000 in a savings account. the account pays 3.4% compound interest per year. work out the value of his investment per year. work out the value of his investment after 3 years. give your answer to the nearst penny.

The value of the given investment after 3 years will be £6633.04

Step-by-step explanation:

Principal value = £6000

Rate of interest = 3.4%

n = 1 ( Number of times the interest is compounded annually)

Time = 3 years

Now, the interest is compounded annually. So,

Therefore, The value of the given investment after 3 years will be £6633.04

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step-by-step explanation:

the answer is 5/14.

hope this .