Dan invests £800 into his bank account. He receives 5% per year simple interest. How much will Dan have after 3 years? Give your answer to the nearest penny where appropriate.

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asked Aug 6, 2022 139k views

18 votes

Dan invests £800 into his bank account.

He receives 5% per year simple interest.
How much will Dan have after 3 years?
Give your answer to the nearest penny where appropriate.

Mathematics
high-school

Tonimaroni asked

by Tonimaroni

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2 Answers

12 votes

Answer:

sorry dont know answer :C

Explanation:

KlingonJoe answered Aug 7, 2022

by KlingonJoe

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6 votes

Answer:

p=£800

r=5%

t=3years

Explanation:

simple interest=ptr/100=£800×5×3/100=£120

Leandro Ocampo answered Aug 12, 2022

by Leandro Ocampo

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