frankdias9111 frankdias9111
  • 11-04-2020
  • Mathematics
contestada

Paula invests £4500 in a savings account
that pays n% simple interest per annum.
At the end of six years their is £5025 in
the account.
Find the value of n​

Respuesta :

pemayangjis2
pemayangjis2 pemayangjis2
  • 11-04-2020

Answer:

18.61

Step-by-step explanation:

Principle = £4500

Time = 6yrs

Rate = n%

Simple interest = £5025

n = ?

We know,

SI =PTR/100

£5025 = £4500*6*n/100

£502500 = £27000*n

n = 18.61

Answer Link
smir94 smir94
  • 14-01-2021

Answer:

525 pounds

Step-by-step explanation:

Answer Link

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