Sarah invested £12 000 in a savings account.
The account pays 1.5% compound interest per year.
Work out the value of her investment after 2 years
per the usual formula, that would be
12000(1 + 0.015)^2
The account pays 1.5% compound interest per year.
Work out the value of her investment after 2 years
12000(1 + 0.015)^2