Mathematics, 29.06.2019 15:30 maddyr04
Dylan invested some money in the bank. he agreed a simple interest rate of 3% per annum for a period of 2 years. at the end of the 2 year period the value of his investment increased by £72. work out the value of dylan’s initial investment
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, where P is the initial amount , r is the rate of interest (in decimal) and t is time . (1)
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Dylan invested some money in the bank. he agreed a simple interest rate of 3% per annum for a period...
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