abuk5789 abuk5789

05-12-2020
Mathematics

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beth invests £5600 at a sample interest rate of 11% per year
work out the value of the investment after 3 years

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mabelleanne mabelleanne

05-12-2020

Step-by-step explanation:

its a simple interest rate

5600 ×11/100 = 616

616 × 3 = 1848

£5600 + £1848 = £7448

Answer Link

Elite12x Elite12x

20-03-2021

Answer:

5600 ×11/100 = 616

616 × 3 = 1848

£5600 + £1848 = £7448

Step-by-step explanation:

Answer Link

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