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Eden has 300 pounds in his savings accounts. his bank offers him a fixed 5 percent simple interest rate per annum, for a period of 3 years?
Question
Eden has 300 pounds in his savings accounts. his bank offers him a fixed 5 percent simple interest rate per annum, for a period of 3 years?
How much interest will he have earned after 3 years?
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Mathematics
3 years
2021-07-16T03:45:02+00:00
2021-07-16T03:45:02+00:00 1 Answers
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Answer:
Interest of £45
Step-by-step explanation:
£300×.05×3=£45