Register
Jordan invests £16200 into his bank account. He receives 2.5% per year simple interest. How much will Jordan have after 5 years? Give your answer to the nearest penny where appropriate.
108k views
4 votes
Jordan invests £16200 into his bank account.

He receives 2.5% per year simple interest.
How much will Jordan have after 5 years?
Give your answer to the nearest penny where appropriate.

User Haniff
by
6.7k points

1 Answer

0 votes

Answer:

18225

Explanation:

16200*0.025*5=2025

2025+16200 = 18225

User Shahar Kazaz
by
6.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.6m questions

10.1m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
How do you estimate of 4 5/8 X 1/3
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
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
Link Copied!