SOLUTION: i invest £600 for 4 years at 9% intrest p/a how much is there after 4 years

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Question 250524: i invest £600 for 4 years at 9% intrest p/a how much is there after 4 years
Found 2 solutions by checkley77, Greenfinch:
Answer by checkley77(12844) About Me  (Show Source):
You can put this solution on YOUR website!
600(1+.09)^4
600(1.09)^4
600*1.41158=$846.95 ans.

Answer by Greenfinch(383) About Me  (Show Source):
You can put this solution on YOUR website!
Compound interest formula says Principal x (1 + Interest/100)^number of years= New amount
So, in this case £600 x (1.09)^4 = £846.95 to nearest penny.