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valina [46]
2 years ago
11

Abi invest€500 for 4 years in a bank account pays simple interest at a rate of 2.3% per year work out the total amount of the in

terest abi has got at the of 4years find the answer
Mathematics
1 answer:
timofeeve [1]2 years ago
7 0

Answer:

46euros

Step-by-step explanation:

Formula- I=P*R/100*T

P=principal amount    R=rate    T=time

Compute the values given in the question to this formula

So, it would be-

I= 500*0.023*4

I= 46euros

And that's all!

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