Question

Daniel invests £2200 into his bank account.
He receives 5% per year simple interest.
How much will Daniel have after 2 years?
Give your answer to the nearest penny where appropriate.

Answer 1

Hey! Here is your answer

SL=P×R×T

SL=2200×5×2/100

22×5×2

22×10=220

HOPE IT HELPS

PLS MARK AS BRAINLIEST

Answer 2

Answer:

£2420

Step-by-step explanation:

5% of 2200 = 110

2200+110+110 = 2420

I really hope this helps! :D