1. Arjun puts £750 into his savings account. The account earns 5% simple interest per annum. After 4 years, how much money will Arjun have in his savings account?

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LKarma asked Jun 13, 2023

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1. Arjun puts £750 into his savings account. The account earns 5% simple interest per annum. After 4 years, how much money will Arjun have in his savings account?

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LKarma asked Jun 13, 2023

by LKarma

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20 votes

Answer:

=£900

Explanation:

750 * (1+4*5%)

750 * (1+4*0.05)

=900

Gaussblurinc answered Jun 18, 2023

by Gaussblurinc

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