Lindy puts £ 78 into an account which pays inrerest at a rate of 5% per anum. What will be the simple interest after 6 years .wh

Question

3 years ago

6

at will be the amount in her account after 6 years .

2 answers:

jek_recluse [69] · Answer 1 · 2022-08-17T04:30:36+03:00

8 0

Answer:

£101.4

Step-by-step explanation:

Interest = PRT/100

Given

Principal P = £78

Time T = 6yrs

Rate R = 5%

Interest = 78 x 5 x 6 /100

Multiply through

= 2340/100

= 23.4

= £23.4

Amount after 6 yrs = principal + interest

= £78 + £23.4

= £101.4

Alika [10] · Answer 2 · 2022-08-17T03:14:21+03:00

Alika [10]3 years ago

5 0

Answer:

Interest: £23.4

Amount: £101.4

Step-by-step explanation:

6 × 5/100 × 78 = 23.4

Balance: 78 + 23.4 = 101.4