# If 8,000 is invested for 5 years at 6% compound per annum, how much interest is earned over the five

## Question:

If £8,000 is invested for 5 years at 6% compound per annum, how much interest is earned over the five years?

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**Related Book For**

## Frank Woods Business Accounting Volume 2

**ISBN:** 9781292085050

13th Edition

**Authors:** Frank Wood, Alan Sangster

**Question Details**

Chapter #

**27**- Interest, annuities and leasingSection: Review Questions

Problem: 6

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