Mathematics, 25.10.2021 04:50 anglacx5465

Dylan invested some money in his 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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Dylan invested some money in his bank. He agreed a simple interest rate of 3% per annum for a peri...

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More questions: Mathematics Another questions

Dylan invested some money in his 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.

Answers

Another question on Mathematics

Dylan invested some money in his 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.