alyssagaliano2007 alyssagaliano2007

25-01-2022
Mathematics

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Davinder earns 4.5% interest per year on the money she has saved in her bank account. She starts off with £200. How much is in her account after five years?

Davinder earns 45 interest per year on the money she has saved in her bank account She starts off with 200 How much is in her account after five years class=

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hmax5616 hmax5616

25-01-2022

Answer:

249.24

Step-by-step explanation:

Year Interest Total

Interest Balance

0 -- -- £200.00

1 £9.19 £9.19 £209.19

2 £9.61 £18.80 £218.80

3 £10.05 £28.85 £228.85

4 £10.51 £39.36 £239.36

5 £11.00 £50.36 £250.36

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