Answer:
£ 180
Solution,
Principal( P)= £ 2000
Rate (R)= 1.5%= 1.5/100
Time (t)= 6 years
Interest=?
Now,
[tex]interest = principal \times rate \times time \\ \: \: \: \: = 2000 \times \frac{1.5}{100} \times 6 \\ \: \: = 180[/tex]
Therefore, he will earn £ 180 in 6 years.
Hope this helps..
Good luck on your assignment..
