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Mathematics

Answered

Edin has £300 in his saving account. His bank offers him a fixed 5% intrest per annum ,for three years.How much interest will he have in three years

Answer :

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Answer:

£45

Step-by-step explanation:

Given data

P= £300

R=5%

T= 3 years

SI= PRT/100

substitute

SI= 300*5*3/100

SI=4500/100

SI= £45

Hence the interest is £45

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