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nydimaria [60]
3 years ago
7

Dan invests £1000 into his bank account. He receives 10% per year simple interest. How much will Dan have after 2 years? Give yo

ur answer to the nearest penny where appropriate.
Mathematics
1 answer:
slava [35]3 years ago
7 0

Answer:

1200

Step-by-step explanation:

i=prt is the interest equation however we must find the total because it says <em>After</em> 2 years

first lets do 1000*.1*2=200

1000+200=

1200

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amir lent Rs. 600 to hameed for 2 years and Rs. 150 to aman for 4 year and received altogether from both Rs. 90 as simple intere
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