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

Giving brainiest please answer asap What are enzymes AND why are they needed for photosynthesis and cellular respiration? (Explain)
elect the correct imperfect tense form of the verb to complete the sentence. El verano de 2003, a Paulina no le ________ tocar la conga. gustaron gustabas g
Write an equation of the line in​ point-slope form that passes through the given points in the table. Then write the equation in​ slope-intercept form. x 5 10 1
Physical strength is a superior than intelligence.importance .​
what is rambunctious A. humble B. refined C.shy D. unruly​
Pls help pls help me Compare the following 2/-3, -4/5, 21/-32, -15/24
rewrite the polynomial in standerd form f(x)=(3x+1)(x+2)(x-3)
Fatimah works for H&M and she is paid 14KD per hour. If she puts in 40 hours of work in 7 days, how much does she earn in a week?
Find the value of each variable to the nearest 10th. Be sure to write an equation and circle the answer.SHOW WORK PLEASE.​
Brian was thinking of a number. Brian doubles it and adds 5.1 to get an answer of 91.3. Form an equation with x from the information.