Question

Nishi invests £3500 at 4% interest per year. Work out how much she will have altogether after: 2 years​

Answer 1

Answer:

£3780

Step-by-step explanation:

P= £3500, R=4%, t=2years

I = PRT/100

I= (3500×4×2)/100 =£280

Amount in 2years = P+I = £3500+ £280= £3780