Dan invests £13000 into his bank account. He receives 2.3% per year simple interest. How much will Dan have after 4 years? Give your answer to the nearest penny where appropriate.
Answers
Answered by
3
Step-by-step explanation:
Principal =13000
Rate =2.3% per annum
time =4yrs
simple interest =p*r*t/100
S.I = 13000*2.3*4/100
=130* 9.2
= 1196.0
= 1196.
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Answered by
7
Answer:
the correct answer is 14196
Step-by-step explanation:
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