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Please Help asap!!! Colin invests £5000 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.
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6 votes
Please Help asap!!!

Colin invests £5000 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.

User CalvinR
by
8.3k points

2 Answers

7 votes

Answer:

Explanation:

1500

User Anotherfred
by
8.3k points
13 votes

Answer:

13500

Explanation:

User Magic Mick
by
8.6k points
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