jessicameavewatson1 jessicameavewatson1
  • 04-05-2020
  • Mathematics
contestada

Colin invests £1200 into his bank account.
He receives 10% per year simple interest.
How much will Colin have after 3 years?
Give your answer to the nearest penny where appropriate.

Respuesta :

Chelboy
Chelboy Chelboy
  • 04-05-2020

Answer:£1236

Step-by-step explanation:

principal(p)=£1200

rate(r)=10%

Time(t)=3years

Simple interest=(p x r x t) ➗ 100

Simple interest=(1200x10x3) ➗ 100

Simple interest=3600 ➗ 100

Simple interest=36

Total amount=principal +simple interest

Total amount=1200+36

Total amount=1236

Answer Link

Otras preguntas

Which values of p and q result in an equation with no solutions? -68x+ p=qx+34.
identify the type of question, mg->mg^2+ +2e-
What is the product of 3a + 5 and 2a +4a - 2
how many times does 78 go into 171
anything written about about an issue/person after the fact is a ________ source a.primary b.secondary
I need help with this history question, please
The mass of a single gold atom is 3.27×10-22 grams. How many gold atoms would there be in 43.2 milligrams of gold?
Which feature of the Roman empire most contributed to the spread of Christianity? A. the widespread use of the Latin language B. widespread poverty and in
Why does the population of Arizona grow in the winter in shrink in the summer?
Matthew earned 325$ giving haircuts. He charged 25$ for each haircut how many haircuts did he give