SOLUTION: work out the balance for £5000 invested for 5 years at 7% per annum
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Question 914303
:
work out the balance for £5000 invested for 5 years at 7% per annum
Answer by
rfer(16322)
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FV=5000(1.07)^5
FV=5000*1.4
FV=7012.75
(