A five-year saving account offers customers 2% annual interest rate. Mr Davies makes a deposit of £2,500 in this saving

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answerhappygod
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A five-year saving account offers customers 2% annual interest rate. Mr Davies makes a deposit of £2,500 in this saving

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A five-year saving account offers customers 2% annual interest
rate. Mr Davies makes a deposit of £2,500 in this saving account
today, calculate the cash balance in his account five years from
now.
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