Answered

- Colin invests £1100 into his bank account.
He receives 5% per year simple interest.
How much will Colin have after 3 years?
Give your answer to the nearest penny where appropriate.

Answer :

Simple interest = principal x time x rate
= 1100 x 3 x 5 /100
=165.00
=£165.00

Answer:

it is 1265 ?!?!?!!?!?!!?

Step-by-step explanation:

work out

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