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Alexus [3.1K]
3 years ago
14

Jordan invests £2400 into his bank account.

Mathematics
1 answer:
Alexxandr [17]3 years ago
7 0

Answer: £2760

Step-by-step explanation:

Use the formula: A=P(1+rt).

A = final amount

P = initial amount invested

r = annual interest rate

t = time (in years)

Insert all values in appropriate places.

A=2400(1+(0.025)(6))

Simplify.

A=2400(1+(0.025)(6))

A=2400(1+0.15)

A=2400(1.15)

A= 2760

£2760 is the answer.

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