Dylan0brien Dylan0brien

01-07-2020
Mathematics

contestada

£2300 is invested for 4 years at 5% per year simple interest what is the total interest?

Respuesta :

gilbertazavedo72 gilbertazavedo72

01-07-2020

Answer: interest = £460

Step-by-step explanation:

SI = prt / 100

SI = 2300 x .05 x 4

SI = 460

Answer Link

mhanifa mhanifa

01-07-2020

Answer:

£460

Step-by-step explanation:

Investment= £2300

Time= 4 years

Interest rate= 5% PA simple

Total interest= £2300*4*5/100= £460

Answer Link

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