5 of 9
Dan invests £2700 into his bank account.
He receives 2% per year compound interest.
How much will Dan have after 4 years?
Give your answer to the nearest penny where appropriate.
£

Relax

Respuesta :

Answer:

$2,922.57

Step-by-step explanation:

[tex]A = P(1 + r/n)^{nt}[/tex]

[tex]A = 2700(1 + .02/1)^{1(4)}[/tex]