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denis-greek [22]

4 years ago

5

Dan invests £11125 into his bank account. He receives 3.3% per year simple interest. How much will Dan have after 4 years? Give

your answer to the nearest penny where appropriate.

1 answer:

ivanzaharov [21]4 years ago

3 0

Answer:

£11564.54

Step-by-step explanation:

100 + 3.3 = 103.3%

103.3% = 1..013

£11125 x 1.013^3 = £11564.54

I hope this helped you!

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