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Colin invests £1200 into his bank account. He receives 3% per year simple interest. How much will Colin have after 4 years? Give your answer to the nearest penny where appropria…

Colin invests £1200 into his bank account. He receives 3% per year simple interest. How much will Colin have after 4 years? Give your answer to the nearest penny where appropria…
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4 votes
Colin invests £1200 into his bank account. He receives 3% per year simple interest. How much will Colin have after 4 years? Give your answer to the nearest penny where appropriate.

asked
User Manatax
by
8.1k points

1 Answer

4 votes

Answer:

1440

Explanation:

answered
User Shashwat Gupta
by
8.8k points
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