Math, asked by joshuawalters, 1 year ago


Colin invests £1200 into his bank account. He receives 3% per year simple interest. How much will Colin have after 4 years? Give your answer to the nearest penny where appropriate.

Answers

Answered by lovejotkaur87
2

Answer:

I=p*r*t/100

I=1200*3*4/100

I=£144

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