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Colin invests £1200 into his bank account. He receives 3% per year simple interest. How much will Colin have after 4 years? Give your answer to the nearest penny where appropriate.
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4 votes
Colin invests £1200 into his bank account. He receives 3% per year simple interest. How much will Colin have after 4 years? Give your answer to the nearest penny where appropriate.

User Manatax
by
5.9k points

1 Answer

4 votes

Answer:

1440

Explanation:

User Shashwat Gupta
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5.6k points
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