What will be the value of the investment after three years?

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications
Section: Chapter Questions
Problem 18E
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i) Reno Ltd invests £150,000 at 2.5% compound interest for three years. What will be the
value of the investment after three years?

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