caseybrammer7 caseybrammer7

22-02-2021
Mathematics

contestada

Neil places £2,000 in a bank account that pays 1.5% simple interest per year.
How much interest will he earn in 6 years?

Respuesta :

22-02-2021

Answer:

He will earn £186.89 interest

Step-by-step explanation:

final = original x multiplier^n

final = 2000 x 1.015^6

final = 2186.886528

Interest = final - original

Interest = 186.8865

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