ruhaaldina
Answered

Daniel invests £2200 into his bank account.
He receives 10% per year simple interest.
How much will Daniel have after 2 years?
Give your answer to the nearest penny where appropriate.

Answer :

Answer:

£440

Step-by-step explanation:

10% of 2200 = 220

So, he gets 220 per year.

220 x 2 = 440

£440

PeterGoldberg

Answer:

£440

Step-by-step explanation:

According to the question,

Daniel invests £2200 into his bank account and he receive 10% per year simple interest.

So, money he'll have after a year = 10% of 2200 = 220

Money he will have after two years = 220×2 = 440

So he will have £440 after two years

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