Colin invests £4000 into his bank account. He receives 5% per year simple interest. How much will Colin have after 3 years? Give your answer to the nearest penny where appropriate.

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asked Jul 10, 2022 39.8k views

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Colin invests £4000 into his bank account. He receives 5% per year simple interest. How much will Colin have after 3 years? Give your answer to the nearest penny where appropriate.

Mathematics
high-school

Erikas asked

by Erikas

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1 Answer

7 votes

Answer:

2750

Explanation:

Rohan Kushwaha answered Jul 15, 2022

by Rohan Kushwaha

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