Simon invested an amount of money in a savings account at 0. 5% per annum compound interest. At the end of 3 years, the amount o

Question

2 years ago

15

f money in the savings account was £12180. 90 work out how much money simon invested in the savings account.

1 answer:

vivado [14] · Answer 1 · 2022-12-25T21:11:57+03:00

7 0

Answer:4060.3

Explanation:

if in a year he got 0.5% interest then in three years he got 1.5% interest then if 1.5%=12180.90 what about 0.5%