Answer: £460
Step-by-step explanation:
Use this formula to find the total interest [tex]I=\frac{P*R*T}{100}[/tex]
I stands for interest, P is principal, R is rate, and T is time.
Principle = £2300
Rate = 5%
Time = 4 years
[tex]\frac{2,300*5*4}{100} =\frac{46,000}{100} =460[/tex]
Hope this helps, now you know the answer and how to do it. HAVE A BLESSED AND WONDERFUL DAY! :-)
- Cutiepatutie ☺❀❤
