3.
Mario invests £2000 for 3 years at 5% per annum compound interest.
Calculate the value of the investment at the end of 3 years.
£…………………….
(Total 3 marks)
4. Derek invests £154 500 for 2 years at 4% per year compound interest.
Work out the value of the investment at the end of 2 years.
£.......................
(3)
(Total 3 marks)