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Brian invests £990 into his bank account. He receives 5.2% per year simple interest.
How much will Brian have after 2 years? Give your answer to the nearest penny where
appropriate.

Respuesta :

Answer:

$1092.96

Step-by-step explanation:

Based on the given conditions, formulate: 990 × ( 1 + 2 × 5.2% )

Calculate the product or quotient: 990 × ( 1 + 0.104 )

Calculate the sum or difference: 990 × 1.104

Calculate the product or quotient: 1092.96

Round the number: 1092.96

Answer: $1092.96

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