simple interest formulae = PRT/100
where
p stands for percentage (2%)
r stands for rate ( 900)
t stands for time (2 years )
2×900×2/100
=3600/100
=36
Deposit interest
Deposit Interest in 2 years
= D × i × T/365 days
= 900 pounds × 2% × (365 × 2 years)/365 days
= 900 pounds × 0.02 × 730 days/465 days
= 900 pounds × 0.02 × 2
= 36 pounds
Her Deposit in 2 years
= 900 pounds + 36 pounds
= 936 pounds
So, her deposit if she will withdraw is 936 pounds
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