Looking for trustworthy answers? Westonci.ca is the ultimate Q&A platform where experts share their knowledge on various topics. Explore our Q&A platform to find in-depth answers from a wide range of experts in different fields. Join our platform to connect with experts ready to provide precise answers to your questions in different areas.

Cai invests £2500 in an account that pays 3.55% simple interest interest per year. He takes out his money after 2.75years. what is the value of the investment when he takes out the investment

Sagot :

Answer:

So now,

you know the formula for simple interest is P×R×T divided by a hundred?

So 2500 times 3.55 times 2.75 divided by 100

Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thank you for your visit. We're dedicated to helping you find the information you need, whenever you need it. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.