Join the growing community of curious minds on IDNLearn.com. Join our interactive Q&A platform to receive prompt and accurate responses from experienced professionals in various fields.
Answer:
So, the amount invested after 6 years is £1547
Step-by-step explanation:
We can use formula
where
P is money invested
r1 is first interest rate
t1 is time for r1
r2 is second interest rate
t2 is time for r2
now, we can plug values
Step-by-step explanation: