Question

Dan invests £15000 into his bank account. He receives 2.5% per year simple interest. How much will Dan have after 4 years? Give your answer to the nearest penny where appropriate

Answer 1

£16500

Step-by-step explanation:

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Answer 2

Step-by-step explanation:

15000*25/1000=375

for one year is 375

f

4 year is 375*4== 1500

total am 16500

perfect ans ok

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