jentwistle05 jentwistle05

19-05-2020
Mathematics

contestada

Frank I puts £5000 in a bank account for 6 years with an interest rate of 7.5% . what is the Amount at the end of that time?

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Nathaniel419 Nathaniel419

19-05-2020

Answer:

£2250

Step-by-step explanation:

Interest= p×r×t÷100

Interest= 5000×7.5×6÷100

Interest= 225000÷100

Interest= £2250

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