asked 199k views
2 votes
Lola puts $150 into a bank account

The account pays 4% per annum simple interest
work out the total amount of mo



asked
User Joruro
by
8.4k points

1 Answer

4 votes

Answer:$156

Explanation:

SI=principal x rate x time/100

=150 x 4 x 1/100

=$6

amount = principal+SI

=150+6

=$156

answered
User Shine J
by
8.3k points

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