veronika76 veronika76
  • 04-06-2021
  • Mathematics
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Sally invests £8600 at a simple interest rate of 6% per year.
Work out the value of the investment after 3 years.

Sally invests 8600 at a simple interest rate of 6 per year Work out the value of the investment after 3 years class=

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Welcome2thegulag Welcome2thegulag
  • 04-06-2021

Answer:

a =10148

Step-by-step explanation:

A = P (1 + rt)

a= 8600(1+0.06*3)

a = 10148

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