Register
Frank I puts £5000 in a bank account for 6 years with an interest rate of 7.5% . what is the Amount at the end of that time?
158k views
5 votes
Frank I puts £5000 in a bank account for 6 years with an interest rate of 7.5% . what is the Amount at the end of that time?

User Elevener
by
5.1k points

1 Answer

3 votes

Answer:

£2250

Explanation:

Interest= p×r×t÷100

Interest= 5000×7.5×6÷100

Interest= 225000÷100

Interest= £2250

User Calebt
by
5.9k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.6m questions

7.3m answers

Other Questions

What is the value of x? (-4) - x = 5
1/7 + 3/14 equivalent fractions
185g in the ratio 2:3
(3x1,000,000)+(3x100,000)+(2x100) what is this number written in standard form?
The function h = -t2 + 95 models the path of a ball thrown by a boy where h represents height, in feet, and t represents the time, in seconds, that the ball is in the air. Assuming the boy lives at sea
Link Copied!