Megan opens a savings account which gives
compound interest of 2.5% per year. She puts
£2000 into it.
a) How much money will Megan have in the
account after 7 years?
b) How much interest will Megan have earned
from this account after 7 years?
Give your answers in pounds (£) to the
nearest 1p.

Megan opens a savings account which gives compound interest of 25 per year She puts 2000 into it a How much money will Megan have in the account after 7 years b class=