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Brian invests £1700 into his bank account. He receives 10% per year simple interest. How much will Brian have after 2 years? Give your answer to the nearest penny where appropriate.
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Brian invests £1700 into his bank account.

He receives 10% per year simple interest.
How much will Brian have after 2 years?
Give your answer to the nearest penny where appropriate.

User Simonwh
by
7.1k points

1 Answer

3 votes

Answer:

2040

Explanation:

simple interest = 1700 * 2 * 10% = 340

amoiunt = 1700 +340

User Ahmed Bermawy
by
8.3k points
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