Jordan invests £2100 into his bank account. He receives 5.1% per year simple interest.
How much will Jordan have after 2 years?
Give your answer to the nearest penny where appropriate.

£4414.20

Step-by-step explanation:

Find out how much is 1% of the money invested in his bank account.

100% = 2100

1% = 2100 ÷ 100 = 21

Find out 5.1% which is his interest that he receives every year.

5.1% = 21 x 5.1 = 107.1

Find out how much he receives including interest every year.

2100 + 107.1 = 2207.1

Find out how much he will have after 2 years.

2207.1 x 2 = 4414.2

You do not need to estimate as there isn't an estimated for nearest penny as it has been estimated for you.

ad = ae + ed = y + 7

similar triangles therefor

ac/ab = ad/ae

6/4 = (y + 7) / y

cross multiply

6y = 4(y + 7)

6y = 4y + 28

2y = 28

y = 14

step-by-step explanation:

for ex: the reciprocal of 3/4 is 4/3. it is the opposite.

reciprocal definition:

a mathematical expression or function so related to another that their product is one; the quantity obtained by dividing the number one by a given quantity.