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Abi invests £500 for 4 years in a bank account. the account pays simple interest at the rate of 2.3% per year. work put the total amount of interest abi has got at the end of 4 years.
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Abi invests £500 for 4 years in a bank account.

the account pays simple interest at the rate of 2.3% per year.
work put the total amount of interest abi has got at the end of 4 years.

User Urigo
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1 Answer

5 votes
The awnser in my opinion would be 9.2 because 2.3 per year for 4 years would be 2.3 times 4 = 9.2
User Dima Vishnyakov
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