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Brian invests £1500 into his bank account. He receives 2% per year simple interest. How much will Brian have after 3 years? Give your answer
Question
Brian invests £1500 into his bank account. He receives 2% per year simple interest. How much will Brian have after 3 years? Give your answer to the nearest penny where appropriate
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Mathematics
3 years
2021-08-14T04:55:54+00:00
2021-08-14T04:55:54+00:00 1 Answers
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Answers ( )
Answer:
1590
Step-by-step explanation:
1500 x 0.02
= 30
30 x 3
= 90
1500+90 = 1590
(ps.. there was an equation for this i just forgot it, you can look it up and check it)