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Brian invests £8200 into his bank account.
He receives 6.0% per year simple interest.
How much will Brian have after 2 years?
Give your answer to the nearest penny where appropriate.

Respuesta :

Hi1315

Answer:

£9184

Step-by-step explanation:

Interest = PRT/100

P = Price

R = Rate

T = time

First Let's find the interest for 2 years

[tex]interest = \frac{8200 \times 6 \times 2}{100} \\ = 984[/tex]

So, the interest is £984

Now let's find the full amount he received after two years ,

[tex]8200 + 984 = 9184[/tex]

Total Amount = £9184

Hope this helps you

Let me know if you have any other questions :-):-)

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