anclarin5294 anclarin5294

28-05-2020
Mathematics

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Billy invests £800 for 5 years in a savings account.

By the end of the 5 years he has received a total of £96 simple interest.

Work out the annual rate of simple interest.

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cngmora cngmora

28-05-2020

Answer:

2 2/5 % or 2.4% or 896

Step-by-step explanation:

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