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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asked Nov 17, 2023 135k views

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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?

Mathematics
college

Alnilam asked

by Alnilam

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1 Answer

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Answer:

=£900

Explanation:

750 * (1+4*5%)

750 * (1+4*0.05)

=900

Lukasgeiter answered Nov 23, 2023

by Lukasgeiter

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