Colon Romero
06/29/2024 · Primary School

14 Andrew invests 93000 in an account for 3 years at \( 2.4 \% \) compound interest per year. At the end of the 3 years, a deduction of \( 40 \% \) of the total interest is made from the account. Work out the amount in the account at the end of the 3 years, after the deduction has been made.

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The amount in the account after 3 years, with a \( 40\% \) interest deduction, is \( 97615.5 \).

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