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Dan invests £13000 into his bank account. He receives 2.3% per year simple interest. How much will Dan have after 4 years? Give your answer
Question
Dan invests £13000 into his bank account. He receives 2.3% per year simple interest. How much will Dan have after 4 years? Give your answer to the nearest penny where appropriate.
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Mathematics
3 years
2021-08-01T04:04:09+00:00
2021-08-01T04:04:09+00:00 1 Answers
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Answer:
=14237.90
Step-by-step explanation:
13000*1.023^4=14237.89832
=14237.90