Question

Adam invests £520 into an savings account.

Adam gets 0.5% per year simple interest.
Work out the total interest Adam will get after 5 years.

Answer 1

Answer: 1300 i think

Explanation:

Adam invest 250 into account and then he gets 0.5% interest, that means he has to multiply 250 by 0.5% and then multiply again by five because of the five years.