Register
Dan invests £13000 into his bank account. He receives 4.7% per year simple interest. How much will Dan have after 6 years? Give your answer to the nearest penny where appropriate.
54.1k views
1 vote
Dan invests £13000 into his bank account. He receives 4.7% per year simple interest. How much will Dan have after 6 years? Give your answer to the nearest penny where appropriate.

User Terra
by
8.0k points

1 Answer

2 votes

Explanation:

SI = PxTxR/100

SI= (13000)(6)(4.7)/100

SI = 366600/100

SI= 3666

User Bluenuance
by
7.6k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
The cost of 5 similar digital cameras and 3 similar video cameras is 3213. Each video camera costs 4 times as much as each digital camera. John buys a digital camera and a video camera. How much does he
9/10 divided by (1/10 plus 2/5)
Link Copied!