Question

Brian invests £2500 into his bank account.
He receives 2.5% per year simple interest.
How much will Brian have after 5 years?
Give your answer to the nearest penny where appropriate.

Answer 1

Step-by-step explanation:

I=PTR/100

---2500×2.5×5/100

---312.5

A=P+I

---2500+312.5

---2812.5

Answer 2

Answer:

£2812.50

Step-by-step explanation:

I=PTR/100

---2500×2.5×5/100

---312.5

A=P+I

---2500+312.5

---2812.50

I changed his answer for its money so the 0 on the end is needed