Colin invests £14100 into his bank account.
He receives 9.0% per year simple interest.
How much will Colin have after 5 years?
Give your answer to the nearest penny where appropriate.
Answers
Answered by
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Step-by-step explanation:
I=PTR/100
I=14100×9×5/100
I=6345
A=P+I
A=14100+6345
A=20445
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