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Brian invests £1800 into his bank account. He receives 5% per year simp interest. How much will Brian have after 6 years?

Brian invests £1800 into his bank account. He receives 5% per year simp interest. How much will Brian have after 6 years?
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5 votes
Brian invests £1800 into his bank account.

He receives 5% per year simp interest.
How much will Brian have after 6 years?

User Shamese
by
7.9k points

1 Answer

3 votes

Answer:

≈£2412

Explanation:

1800(0.05)^6

≈£2412

User Reyno
by
7.3k points
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