Lola puts $150 into a bank account.
The Account pays 4% per annum simple interest. Work out the total amount of money in her account at the end of the year.
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Answer:
$156
Step-by-step explanation:
SI=principal x rate x time/100
=150 x 4 x 1/100
=$6
amount = principal+SI
=150+6
=$156
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