Register

Brian invests £2500 into his bank account. He receives 2.5% per year simple interest. How much will Brian have after 5 years? Give your answer to the nearest penny where appropr…

Brian invests £2500 into his bank account. He receives 2.5% per year simple interest. How much will Brian have after 5 years? Give your answer to the nearest penny where appropr…
asked 86.2k views
2 votes
Brian invests £2500 into his bank account.

He receives 2.5% per year simple interest.
How much will Brian have after 5 years?
Give your answer to the nearest penny where appropriate.

asked
User GTMeteor
by
8.0k points

1 Answer

4 votes
2.5% per year multiplay by 5 equals 12.5% then multiple 2500 with 12.5 equals 312.5
answered
User Splendor
by
8.2k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!