itsRyanPlayzMC4731 itsRyanPlayzMC4731
  • 07-02-2021
  • Mathematics
contestada

Edin has £300 in his saving account. His bank offers him a fixed 5% intrest per annum ,for three years.How much interest will he have in three years

Respuesta :

samuelonum1
samuelonum1 samuelonum1
  • 09-02-2021

Answer:

£45

Step-by-step explanation:

Given data

P= £300

R=5%

T= 3 years

SI= PRT/100

substitute

SI= 300*5*3/100

SI=4500/100

SI= £45

Hence the interest is  £45

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