asked 122k views
0 votes
Brian invests £2300 into his bank account.

He receives 10% per year simple interest.
How much will Brian have after 2 years?
Give your answer to the nearest penny where appropriate.

asked
User Argyle
by
7.9k points

1 Answer

2 votes
2760

You work out the amount of interest Brian gets in one year by finding 10% of 2300 which is 230. You multiply this by the number of years (2) to get 460. You add 460 to 2300 to get 2760.
answered
User Todd Mazierski
by
7.8k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.