Q1) Alex places £741 in a bank for 7 years at 6% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£311.22 b)£1052.22]

Q1) Jennine invests £9000 in bonds for 5 years at a compound interest rate of 3%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£1433.47 b)£10433.47]

Q1) Jonathan buys a motorbike for £3551 and is kept for 6 years. It depreciates at rate of 12% per year. Calculate (a) money the motorbike loses and (b) the value of the motorbike at the end. [ a)£1901.9 b)£1649.10]

Q2) McKenzie places £227 in a bank for 2 years at 7% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£31.78 b)£258.78]

Q2) Jenson invests £700 in bonds for 4 years at a compound interest rate of 3%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£87.86 b)£787.86]

Q2) Sabrina buys a van for £1652 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)£144.26 b)£1507.74]

Q3) Sharney places £556 in a bank for 12 years at 2% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£133.44 b)£689.44]

Q3) Anna invests £300 in bonds for 4 years at a compound interest rate of 2%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£24.73 b)£324.73]

Q3) Jaden buys a racing bicycle for £8665 and is kept for 9 years. It depreciates at rate of 6% per year. Calculate (a) money the racing bicycle loses and (b) the value of the racing bicycle at the end. [ a)£3700 b)£4965.00]

Q4) Kyra places £53 in a bank for 12 years at 5% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£31.80 b)£84.80]

Q4) Brady invests £3000 in bonds for 13 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)£2656.95 b)£5656.95]

Q4) Jonathan buys a van for £3276 and is kept for 8 years. It depreciates at rate of 15% per year. Calculate (a) money the van loses and (b) the value of the van at the end. [ a)£2383.32 b)£892.68]

Q5) Ariel places £918 in a bank for 6 years at 5% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£275.40 b)£1193.40]

Q5) Jenson invests £7000 in bonds for 9 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)£3859.3 b)£10859.30]

Q5) Julie buys a van for £6458 and is kept for 6 years. It depreciates at rate of 10% per year. Calculate (a) money the van loses and (b) the value of the van at the end. [ a)£3025.95 b)£3432.05]

Q6) Teagan places £899 in a bank for 13 years at 7% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£818.09 b)£1717.09]

Q6) Sabrina invests £1000 in bonds for 5 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)£276.28 b)£1276.28]

Q6) Jenson buys a minibus for £5118 and is kept for 11 years. It depreciates at rate of 5% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. [ a)£2206.88 b)£2911.12]

Q7) Jenson places £572 in a bank for 3 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£154.44 b)£726.44]

Q7) Brady invests £3000 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)£1817.34 b)£4817.34]

Q7) Alex buys a motorbike for £7471 and is kept for 9 years. It depreciates at rate of 7% per year. Calculate (a) money the motorbike loses and (b) the value of the motorbike at the end. [ a)£3583.01 b)£3887.99]

Q8) Hammid places £91 in a bank for 9 years at 7% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£57.33 b)£148.33]

Q8) Julie invests £6000 in bonds for 11 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)£19357.39 b)£25357.39]

Q8) Luke buys a motorbike for £6964 and is kept for 11 years. It depreciates at rate of 5% per year. Calculate (a) money the motorbike loses and (b) the value of the motorbike at the end. [ a)£3002.88 b)£3961.12]

Q9) Jennine places £320 in a bank for 10 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£128.00 b)£448.00]

Q9) Steven invests £9000 in bonds for 5 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)£9102.21 b)£18102.21]

Q9) Eva buys a car for £8967 and is kept for 2 years. It depreciates at rate of 13% per year. Calculate (a) money the car loses and (b) the value of the car at the end. [ a)£2179.88 b)£6787.12]

Q10) Ariel places £865 in a bank for 10 years at 7% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£605.50 b)£1470.50]

Q10) Teagan invests £8000 in bonds for 2 years at a compound interest rate of 13%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£2215.2 b)£10215.20]

Q10) Kyra buys a van for £8877 and is kept for 10 years. It depreciates at rate of 11% per year. Calculate (a) money the van loses and (b) the value of the van at the end. [ a)£6109 b)£2768.00]