Dylan invested some money in the 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

£1200

Step-by-step explanation:

The formula to find simple interest:  , where P is the initial amount , r is the rate of interest (in decimal) and t is time .  (1)

Given : Dylan 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.

i.e. r= 3% = 0.03   ;  t=2   ; I=£72

Substitute all the values in (1), we get

Hence, the Dylan’s initial investment = £1200

the data of the detroit pistons in numerical order from least to greatest is 0.30, 0.37, 0.55, 0.62, 0.69, 0.72, 0.73, 0.75, 0.77, 0.78, 0.80, 0.81, 0.81, 0.83, 0.84, 0.89

the data of the miami heat in numerical order from least to greatest is 0.50, 0.50, 0.56, 0.57, 0.67, 0.72, 0.72, 0.72, 0.75, 0.75, 0.76, 0.81, 0.82, 0.90, 1.00, 1.00

the detroit pistons median : 1.52

the miami heat median: 1.47

the iqr of this data is 0.05