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Dan invests £11125 into his bank account. He receives 3.3% per year simple interest. How much will Dan have after 4 years?

Dan invests £11125 into his bank account. He receives 3.3% per year simple interest. How much will Dan have after 4 years?
asked 93.4k views
23 votes
Dan invests £11125 into his bank account. He receives 3.3% per year simple interest. How much will Dan have after 4 years?

asked
User Vahe Tshitoyan
by
6.8k points

1 Answer

7 votes

Answer:

£11564.54

Explanation:

answered
User Jirong Hu
by
8.4k points
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