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Simple interest 34,100 at 4% for 3 years ​
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Simple interest 34,100 at 4% for 3 years ​

User Nathan Bell
by
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2 Answers

3 votes
Find 4 %

1% = £341
4% = 341 X 4 = £1364

£1364 X 3 years = £4092

Based on the 4% interest per year

If it was 4% interest per month...


£1364 X 36 months/3years = £49,104
User Mossmyr
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5 votes

Answer:

Explanation:

.....

User Phil Evans
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3.8k points
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