fatha64 fatha64

04-03-2021
Mathematics

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£450 is invested at 3% simple interest.
How much interest will be earned in 4 years?

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04-03-2021

Answer: $54

Explanation: First, do 450(1.03). Then, do the answer to that minus 450. (463.5-450) Finally, multiply the answer to that by 4 13.5(4) and you will get 54

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