Math, asked by sumukhasreenidh3552, 7 months ago

Dan invests £1500 into his bank account.
He receives 3% per year simple interest.
How much will Dan have after 2 years?

Answers

Answered by ravgersid555

0

Answer:

Step-by-step explanation:

formula for Simple Interest = PRT/100

P= £1500 , R= 3% Per Annum, T= 2 years

by formula, 1500 x 3 x 2/100

= £90

final amount = 1500 + 90 = £1590

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