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Find the simple interest on £3500 invested for 3 years at 4% per year

Find the simple interest on £3500 invested for 3 years at 4% per year
asked 178k views
5 votes
Find the simple interest on £3500 invested for 3 years at 4% per year

asked
User Dennis Hoer
by
8.1k points

1 Answer

3 votes
4%=0.04

0.04x£3500=£140

£140x3=£420
answered
User Dreamweiver
by
9.4k points
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