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PLEASE SHOW YOUR WORKING OUT THANKS

Abi invests £500 for 4 years in a bank account. The account pays simple interest at a rate of 2.3% per year. Work out the total amount of interest Abi has got at the end of 4 years.

Respuesta :

4years * 0.023 percent * 500 =
2000 * 0.023 = £46

The answer is 4years * 0.023 percent * 500 =

2000 * 0.023 = £46