asked 40.9k views
0 votes
Nishi invests £3200 at 6% interest per year. Work out how much she will have altogether after: 2 years ​

asked
User Mattwad
by
8.2k points

1 Answer

5 votes

SI = P×R×T/100

(3200×6×2)/100

= 384

Now 3200 + 384

= Euro 3584

answered
User Enrico Schumann
by
8.2k points
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