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BabaBlast [244]
2 years ago
9

Neil places £2,000 in a bank account that pays 1.5% simple interest per year.

Mathematics
1 answer:
SIZIF [17.4K]2 years ago
6 0

Answer:

He will earn £186.89 interest

Step-by-step explanation:

final = original x multiplier^n

final = 2000 x 1.015^6

final = 2186.886528

Interest = final - original

Interest = 186.8865

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Using Pythagoras' identity in the right triangle

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