Q1) Logun invests £9000 in bonds for 9 years at a compound interest rate of 14%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£20267.54 b)£29267.54]

Q1) Nathan buys a van for £4167 and is kept for 3 years. It depreciates at rate of 14% per year. Calculate (a) money the van loses and (b) the value of the van at the end. [ a)£1516.55 b)£2650.45]

Q1) Monique invests £5792 in bonds at 5% compound interest per annum. After how many years will the bonds be worth £6704.96? [ 3 years]

Q2) Alex invests £1000 in bonds for 6 years at a compound interest rate of 12%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£973.82 b)£1973.82]

Q2) Nathan buys a minibus for £5537 and is kept for 3 years. It depreciates at rate of 4% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. [ a)£638.22 b)£4898.78]

Q2) Sabrina invests £9233 in a bank. After 2 years it is worth £11171.93. What is the compound interest rate? [ 10%]

Q3) Alex invests £4000 in bonds for 12 years at a compound interest rate of 11%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£9993.8 b)£13993.80]

Q3) Nathan buys a car for £8458 and is kept for 15 years. It depreciates at rate of 4% per year. Calculate (a) money the car loses and (b) the value of the car at the end. [ a)£3873.03 b)£4584.97]

Q3) Nathan invests £3426 in a bank. After 5 years it is worth £4168.25. What is the compound interest rate? [ 4%]

Q4) Kyra invests £500 in bonds for 4 years at a compound interest rate of 5%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£107.75 b)£607.75]

Q4) Jonathan buys a van for £9292 and is kept for 8 years. It depreciates at rate of 8% per year. Calculate (a) money the van loses and (b) the value of the van at the end. [ a)£4523.17 b)£4768.83]

Q4) Alfie invests £4277 in a bank. After 2 years it is worth £5656.33. What is the compound interest rate? [ 15%]

Q5) Alex invests £900 in bonds for 6 years at a compound interest rate of 12%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£876.44 b)£1776.44]

Q5) Harley buys a van for £3879 and is kept for 13 years. It depreciates at rate of 3% per year. Calculate (a) money the van loses and (b) the value of the van at the end. [ a)£1268.33 b)£2610.67]

Q5) Lumaya invests £4557 in a bank. After 8 years it is worth £13939.97. What is the compound interest rate? [ 15%]

Q6) Jaden invests £7000 in bonds for 6 years at a compound interest rate of 11%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£6092.9 b)£13092.90]

Q6) Teagan buys a van for £3617 and is kept for 3 years. It depreciates at rate of 3% per year. Calculate (a) money the van loses and (b) the value of the van at the end. [ a)£315.86 b)£3301.14]

Q6) Steven invests £9237 in a bank. After 8 years it is worth £12641.47. What is the compound interest rate? [ 4%]

Q7) Julie invests £9000 in bonds for 9 years at a compound interest rate of 14%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£20267.54 b)£29267.54]

Q7) Eva buys a van for £5914 and is kept for 5 years. It depreciates at rate of 6% per year. Calculate (a) money the van loses and (b) the value of the van at the end. [ a)£1573.69 b)£4340.31]

Q7) Alex invests £1568 in a bank. After 4 years it is worth £1834.34. What is the compound interest rate? [ 4%]

Q8) Sam invests £9000 in bonds for 7 years at a compound interest rate of 7%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£5452.03 b)£14452.03]

Q8) Sabrina buys a car for £7456 and is kept for 14 years. It depreciates at rate of 14% per year. Calculate (a) money the car loses and (b) the value of the car at the end. [ a)£6553.42 b)£902.58]

Q8) Julie invests £7238 in a bank. After 4 years it is worth £12659.31. What is the compound interest rate? [ 15%]

Q9) McKenzie invests £9000 in bonds for 11 years at a compound interest rate of 15%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£32871.52 b)£41871.52]

Q9) Prabjot buys a minibus for £1254 and is kept for 11 years. It depreciates at rate of 12% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. [ a)£946.67 b)£307.33]

Q9) Jenson invests £4778 in a bank. After 4 years it is worth £5589.58. What is the compound interest rate? [ 4%]

Q10) Sharney invests £200 in bonds for 9 years at a compound interest rate of 14%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£450.39 b)£650.39]

Q10) Ariel buys a minibus for £5864 and is kept for 13 years. It depreciates at rate of 6% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. [ a)£3240.65 b)£2623.35]

Q10) Anna invests £3124 in a bank. After 3 years it is worth £3616.42. What is the compound interest rate? [ 5%]