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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.
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Dec 19, 2022
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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.
Mathematics
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Haniff
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Answer:
18225
Explanation:
16200*0.025*5=2025
2025+16200 = 18225
Shahar Kazaz
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Dec 24, 2022
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Shahar Kazaz
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