Mathematics, 28.05.2020 02:58 Tyrant4life

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Billy invests £800 for 5 years in a savings account.

By the end of the 5 years he has received a total of £96 simple interest.

Work out the annual rate of simple interest.

Answers: 2

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21%

Billy invests £800 for 5 years in a savings account.

By the end of the 5...