Register
Brian invests £2300 into his bank account. He receives 10% per year simple interest. How much will Brian have after 2 years? Give your answer to the nearest penny where appropriate.
122k views
0 votes
Brian invests £2300 into his bank account.

He receives 10% per year simple interest.
How much will Brian have after 2 years?
Give your answer to the nearest penny where appropriate.

User Argyle
by
4.2k points

1 Answer

2 votes
2760

You work out the amount of interest Brian gets in one year by finding 10% of 2300 which is 230. You multiply this by the number of years (2) to get 460. You add 460 to 2300 to get 2760.
User Todd Mazierski
by
3.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.7m questions

6.1m answers

Other Questions

I need to simplify this expression.
Which property is shown in the problem below? -8(x-3y-9) = -8x+24y+72 A the associative property B the commutative property C the distributive property D the division property ASAP
What is the domain and range?
What does translation means in math? I am taking a quiz on this right now, I need an answer ASAP!!!!!!
If in circle A is 60°, what is m∠BDC? A. 60 B. 45 C. 30 D. 25
Link Copied!