Math, asked by 18ohaniansc, 6 months ago

Jordan invests £16200 into his bank account.
He receives 2.5% per year simple interest.
How much will Jordan have after 5 years?
Give your answer to the nearest penny where appropriate.

Answers

Answered by mavihsingh
1

Answer:

18025

Step-by-step explanation:

p= 16200

r=2.5 pa

t=5 year

SI = (16200*2.5*5)/100

= 2025

A = P+SI

= 16200+2025

=18025

Answered by Anonymous
0

Answer:

112.50

Step-by-step explanation:

Let the principal be 100

100 ___1Y -2.5%____ 102.5

5Y - 12.5 % ___112.50 %

112.50 Answer

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