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.
1 answer:
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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