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£800 is paid into a bank account that pays 3% simple interest

annually.
How much will be in the account after 1 year

1 Answer

7 votes

Answer:

£824

Explanation:

3% of 800 + 800

1% = ÷100

800 ÷ 100 = 8

8×3=3%=24

800 +24 =£824

User Nelson Reis
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