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Holly invests £500 for 4 years in a bank account. The account pays simple interest holly has got at a rate of 1.5% per year. Work out the total amount of interest Holly has got at the end of 4 years.
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Holly invests £500 for 4 years in a bank account. The account pays simple interest holly has got at a rate of 1.5% per year. Work out the total amount of interest Holly has got at the end of 4 years.

User Draven
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4 votes
6% interest gained over 4 years.
User Chris Milburn
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