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PLEASE CAN SOMEBODY HELP ME: £1500 is invested at 12% per annum (a) Work out the interest at the end of 1 year. (b) How much interest will be earned at the end of 5 years?​

PLEASE CAN SOMEBODY HELP ME: £1500 is invested at 12% per annum (a) Work out the interest at the end of 1 year. (b) How much interest will be earned at the end of 5 years?​
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5 votes
PLEASE CAN SOMEBODY HELP ME:

£1500 is invested at 12% per annum
(a) Work out the interest at the end of 1 year.
(b) How much interest will be earned at the end of 5 years?​

asked
User Fima Taf
by
7.8k points

1 Answer

3 votes

Answer: 180 and 900

Step-by-step explanation:

1500/ 100 x 12 = 180

5 years; 180x 5 = 900

answered
User Armadadrive
by
8.9k points
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