Question

sam places £3850 in a bank account that pays 1.3% simple interest per year. How much interest will she earn in 6 year.

Answer 1

Step-by-step explanation:

principle= 3850

r = 1.3%

t = 6 years

$si = \frac{ptr}{100} = \frac{3850 \times 1.3 \times 6}{100} = 300.3$