Register
What is the balance for £4500 invested for 2 years at 4% per annum
176k views
2 votes
What is the balance for £4500 invested for 2 years at 4% per annum

User Szymon Rut
by
7.8k points

1 Answer

1 vote
I=prt
I=interest paid
P= principal
R= interest rate
T= time
I=4500*0.04*2
=360
So the ending balance=4500+360=4860
User Dawn Drescher
by
7.8k points
← Prev Question Next Question →

Related questions

User Vynz
asked Dec 3, 2017 213k views
Work out the balance for £4500 invested for 2 years at 4% per annum
Vynz asked Dec 3, 2017
by Vynz
8.2k points
1 answer
4 votes
213k views
User Gazler
asked Dec 9, 2017 202k views
Work out the balance for £4500 invested for 2 years at 4% per annum
Gazler asked Dec 9, 2017
by Gazler
8.3k points
1 answer
4 votes
202k views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
Link Copied!