199k views
2 votes
Lola puts $150 into a bank account

The account pays 4% per annum simple interest
work out the total amount of mo



User Joruro
by
4.8k points

1 Answer

4 votes

Answer:$156

Explanation:

SI=principal x rate x time/100

=150 x 4 x 1/100

=$6

amount = principal+SI

=150+6

=$156

User Shine J
by
4.7k points