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Dan invests £1000 into his bank account. He receives 10% per year simple interest. How much will Dan have after 2 years? Give your answer to the nearest penny where appropriate.

Respuesta :

Answer:

1200

Step-by-step explanation:

i=prt is the interest equation however we must find the total because it says After 2 years

first lets do 1000*.1*2=200

1000+200=

1200

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