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Jordan invests £12500 into his bank account. He receives 8.5% per year simple interest. How much will Jordan have after 3 years?

Jordan invests £12500 into his bank account. He receives 8.5% per year simple interest. How much will Jordan have after 3 years?
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24 votes
Jordan invests £12500 into his bank account.

He receives 8.5% per year simple interest.
How much will Jordan have after 3 years?

Jordan invests £12500 into his bank account. He receives 8.5% per year simple interest-example-1
asked
User Alex Stanovsky
by
8.1k points

1 Answer

6 votes
The answer to that question is 3187.5
answered
User Mahesh KP
by
8.6k points
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