CherryColaxx
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PLEASE HELP URGENT!!!!
Dan invests £18790 into his bank account. He receives 4.9% per year simple interest. How much will Dan have after 3 years? Give your answer to the nearest penny where appropriate.

Respuesta :

devishri1977

Answer:

£ 21552.13

Step-by-step explanation:

P= £18790

r =4.9% = [tex]\frac{4.9}{100}=0.049[/tex]

t = 3 years

I = Prt

I = 18790 * 0.049 * 3

 =£ 2762.13

After 3 years , the amount in Dan's account = 18790 + 2762.13

                                                                         = £ 21552.13

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