Answered

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edin has £300 in his saving account.
his bank offers him a fixed 5% simple interest rate per annum, for a period of 3 years.
how much interest will he have earned after 3 years?

Sagot :

Smillat

Answer:

$45

Step-by-step explanation:

300/100 = $3 = 1%

$3 x 5 = $15 = 5%

$15 x 3 years = $45
They answer is 45, Hopes this helps
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