Math, asked by SummerQuinn, 9 months ago


Dan invests £2500 into his bank account.
He receives 5% per year simple interest.
How much will Dan have after 2 years?

Answers

Answered by demon445
10
Simple interest =time x interest x amount/100

= 2 x 5 x 2500/100

10 x 2500/100

25000/100

£250

Hope it helps
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