SOLUTION: Brian invests £990 into his bank account. He receives 2.7% per year simple interest. How much will Brian have after 4 years? Give your answer to the nearest penny where appropriat

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Brian invests £990 into his bank account. He receives 2.7% per year simple interest. How much will Brian have after 4 years? Give your answer to the nearest penny where appropriat      Log On

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Question 1135527: Brian invests £990 into his bank account. He receives 2.7% per year simple interest. How much will Brian have after 4 years? Give your answer to the nearest penny where appropriate.
Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
I = P*R*T
-----Add I to the 990 pounds.