Math, asked by 016059kauser, 10 months ago

rian invests £990 into his bank account. He receives 5.2% per year simple interest. How much will Brian have after 2 years? Give your answer to the nearest penny where appropriate.

Answers

Answered by HarshithScamander
1

Answer:

£1092.26

Step-by-step explanation:

Principal (P) = £990

Rate of Interest (R) = 5.2% p.a.

Time (T) = 2 yrs

SI = (P x T x R)/100 = (990 x 5.2 x 2)/100 = 10296/100 = £102.96

∴ Amount after 2 years = SI + P = £990 + 102.96 = £1092.96

Hop this helps!!! Please mark me Brainliest!!!

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