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Svetach [21]
3 years ago
13

Brian invests £13400 into his bank account.

Mathematics
1 answer:
Iteru [2.4K]3 years ago
4 0

9514 1404 393

Answer:

  £17,755

Step-by-step explanation:

The formula for the balance of a simple-interest account is ...

  A = P(1 +rt) . . . . P is the amount invested, r is the annual rate, t is years

  A = £13400(1 + 0.065(5)) = £13400(1.325) = £17,755

Brian will have £17,755 after 5 years.

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