jessicameavewatson1 jessicameavewatson1
  • 04-05-2020
  • Mathematics
contestada

Colin invests £1200 into his bank account.
He receives 10% per year simple interest.
How much will Colin have after 3 years?
Give your answer to the nearest penny where appropriate.

Respuesta :

Chelboy
Chelboy Chelboy
  • 04-05-2020

Answer:£1236

Step-by-step explanation:

principal(p)=£1200

rate(r)=10%

Time(t)=3years

Simple interest=(p x r x t) ➗ 100

Simple interest=(1200x10x3) ➗ 100

Simple interest=3600 ➗ 100

Simple interest=36

Total amount=principal +simple interest

Total amount=1200+36

Total amount=1236

Answer Link

Otras preguntas

3. In a sample of 250 high school seniors, 5 stated that they have red hair. What is the sample proportion? Answer choices: 0.02 0.05 0.12
504,047 written in expanded form
solve using quadratic formula pls show work​
Should the United States use military force to protect freedom around the world?
What kinda worm is sometimes used to prevent blood clots
What are a domain and range?
How was Strom Thurmond's time as governor of South Carolina significant as the state's politics changed? Thurmond took a strong stance against any changes to th
The width of a golden rectangle is 15 feet. Find the perimeter of the rectangle to the nearest foot 39 feet 64 feet 79 feet 72 feet 96 feet
Please help, I’ll mark your answer as brainliest
Describe the differences and similarities between the most common operating systems used for Mac, PC, and Linux in the space provided below