Nadia invests £2800 at a simple intrest rate of 3.5% per annum. how much intrest will the money she invested have gathered after 6 years can i have the answer to this

Question

asked Jul 1, 2024 155k views

1 Answer

Prashanta · Answer 1 · 2024-07-06T14:27:57+0000

3388

Firstly we take the percentage of the interest which is £2800×3.5%=98

Using the formula

S.I = P×R×T/100

2800×3.5%×6/100