Question

Nishi invests £2200 at 5% interest per year.

Work out how much she will have altogether after:

3 years
5 years

Please help! Ty! <3

Answer 1

I =(2200×5%×3)/100
=3.3
3 years = 3.3 +2200
= 2203.30
I =(2200×5%×5)/100
=5.50
5 years =5.50 +2200
= 2205.50