CorporalRivalle5732 CorporalRivalle5732

22-04-2020
Mathematics

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Toby invested £4500 for 2 years in a saving accounts . he was paid 4% per annum compound interest .

How much did Toby have in his saving account after 2 years ?

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akindelemf akindelemf

23-04-2020

Answer:

Step-by-step explanation:

(1 + interest rate)t

(1 + 0.04)² = (1.04)²

= 1.0816

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