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Compound Interest

Ellen Billingham Maths GCSE English

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Compound Interest

  1. Jenny puts £300 in a bank and it earns 4% interest per annum. How much will she have after 3 years?

    • Do the original amount x the multiplier^number of years
      • 300 x (1.04)^3
        • £337.46

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Description
GCSE Maths (Year 8 Number 1) Mind Map on Compound Interest, created by Ellen Billingham on 06/05/2013.
Created by
Ellen Billingham · May 2013
Updated
Nov 30, 2016
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413
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