151k views
5 votes
Nishi invests £3500 at 4% interest per year. Work out how much she will have altogether after: 2 years​

User MistakeNot
by
5.4k points

1 Answer

2 votes

Answer:

£3780

Explanation:

P= £3500, R=4%, t=2years

I = PRT/100

I= (3500×4×2)/100 =£280

Amount in 2years = P+I = £3500+ £280= £3780

User Benedicta
by
6.0k points