madig1117 madig1117

24-03-2020
Mathematics

contestada

sam places £3850 in a bank account that pays 1.3% simple interest per year. How much interest will she earn in 6 years?

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TheAnimeGirl TheAnimeGirl

24-03-2020

Hope this will help u ...

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Onoriodefelix Onoriodefelix

24-03-2020

Answer:

£300.3

Step-by-step explanation:

Interest = PRT/100

Given

P = £3850

R = 1.3%

T = 6 yrs

Interest = 3850 x 1.3 x 6 /100

= 30030/100

= £300.3

Answer Link

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