Brian invests £1800 into his bank account. He receives 5% per year simple interest. How much will Brian have after 6 years? Give your answer to the nearest penny where appropriate.

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asked Sep 25, 2021 158k views

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Brian invests £1800 into his bank account. He receives 5% per year simple interest. How much will Brian have after 6 years? Give your answer to the nearest penny where appropriate.

Mathematics
high-school

Oleg Sakharov asked

by Oleg Sakharov

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1 Answer

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Answer:

£2412.17

Explanation:

100%+5%=105%=1.05

£1800×1.05 to the power 6

Tinclon answered Sep 30, 2021

by Tinclon

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