Register

Fred invested £2500 in a bank account offering 5% simple interest. How much interest will he have earned? How much will he have in his account after 3 years?

Fred invested £2500 in a bank account offering 5% simple interest. How much interest will he have earned? How much will he have in his account after 3 years?
asked 30.7k views
2 votes
Fred invested £2500 in a bank account offering 5% simple interest.

How much interest will he have earned?
How much will he have in his account after 3 years?

asked
User Shubham Vala
by
8.1k points

1 Answer

4 votes

Answer:

2,875

Explanation:

answered
User Spionred
by
8.6k points
← Prev Question Next Question →

Related questions

User Huski
asked Jul 13, 2021 185k views
Find the simple interest when £2500 is invested for 1 year at 1.75%
Huski asked Jul 13, 2021
by Huski
7.9k points
1 answer
2 votes
185k views
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

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!