Hi
So: 720 -600 = 120
120 for two years makes 120/2 = 60 in a year .
60 from 600 is 600/60 = 10
Interest is 10 %
If interest in 2% more, then it's 12%.
I'm sure you can count 12% simple interest for two years, so I let you try.
good luck.
7.6m questions
10.2m answers