GCSE Maths Practice: growth-and-decay

Question 6 of 10

Calculate compound growth over 3 years at 6% per year.

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\( \begin{array}{l} \text{£400 grows at 6% per year for 3 years.} \\ \text{Final amount?} \end{array} \)

Choose one option:

Round results to 2 decimal places where required.

Use Final = Initial × (1 + rate)^years.