nivethaamuthan7 nivethaamuthan7

26-01-2022
Mathematics

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There is £3000 in a account. The bank offers fixed 5% simple interest for 3 years. How much interest after 3 years?

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hussainartvector hussainartvector

26-01-2022

Step-by-step explanation:

Interest = P*R *T/100

3000*5*3/100

=450

3 years =450*3 = 1350

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