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Brian invests £1500 into his bank account. He receives 0.2% 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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Brian invests £1500 into his bank account. He receives 0.2% per year simple interest. How much will Brian have after 6 years? Give your answer to the nearest penny where appropriate

User Borybar
by
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1 Answer

3 votes

Answer:

18

Explanation:

£1500x6×0.2%=18

you multiple the amount and the year first and multiple the percentage and the answer will be 18

User Xiaoyan
by
8.4k points
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