Q1) Eva places £273 in a bank for 4 years at 5% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£54.60 b)£327.60]

Q1) Hassan invests £800 in bonds for 13 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)£2690.79 b)£3490.79]

Q1) Harley buys a racing bicycle for £4604 and is kept for 8 years. It depreciates at rate of 9% per year. Calculate (a) money the racing bicycle loses and (b) the value of the racing bicycle at the end. [ a)£2438.96 b)£2165.04]

Q2) Alex places £507 in a bank for 10 years at 2% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£101.40 b)£608.40]

Q2) Hassan invests £8000 in bonds for 15 years at a compound interest rate of 10%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£25417.99 b)£33417.99]

Q2) Eva buys a racing bicycle for £6125 and is kept for 10 years. It depreciates at rate of 14% per year. Calculate (a) money the racing bicycle loses and (b) the value of the racing bicycle at the end. [ a)£4769.53 b)£1355.47]

Q3) Nathan places £438 in a bank for 4 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£17.52 b)£455.52]

Q3) Harley 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]

Q3) Jennine buys a car for £7399 and is kept for 14 years. It depreciates at rate of 11% per year. Calculate (a) money the car loses and (b) the value of the car at the end. [ a)£5951.45 b)£1447.55]

Q4) Jenson places £786 in a bank for 5 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£39.30 b)£825.30]

Q4) Steven invests £800 in bonds for 11 years at a compound interest rate of 9%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£1264.34 b)£2064.34]

Q4) Lumaya buys a minibus for £9256 and is kept for 11 years. It depreciates at rate of 1% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. [ a)£968.75 b)£8287.25]

Q5) Luke places £854 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)£204.96 b)£1058.96]

Q5) Hassan invests £8000 in bonds for 11 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)£1946.99 b)£9946.99]

Q5) Alex buys a motorbike for £150 and is kept for 10 years. It depreciates at rate of 11% per year. Calculate (a) money the motorbike loses and (b) the value of the motorbike at the end. [ a)£103.23 b)£46.77]

Q6) Steven places £106 in a bank for 8 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£8.48 b)£114.48]

Q6) Alex invests £300 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)£181.73 b)£481.73]

Q6) Sharney buys a racing bicycle for £4737 and is kept for 6 years. It depreciates at rate of 3% per year. Calculate (a) money the racing bicycle loses and (b) the value of the racing bicycle at the end. [ a)£791.21 b)£3945.79]

Q7) Hassan places £43 in a bank for 10 years at 10% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£43.00 b)£86.00]

Q7) Kyra invests £8000 in bonds for 12 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)£34802 b)£42802.00]

Q7) Teagan buys a racing bicycle for £546 and is kept for 11 years. It depreciates at rate of 3% per year. Calculate (a) money the racing bicycle loses and (b) the value of the racing bicycle at the end. [ a)£155.45 b)£390.55]

Q8) Joseph places £210 in a bank for 13 years at 5% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£136.50 b)£346.50]

Q8) Jonathan invests £3000 in bonds for 8 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)£4427.89 b)£7427.89]

Q8) Ariel buys a van for £1047 and is kept for 2 years. It depreciates at rate of 7% per year. Calculate (a) money the van loses and (b) the value of the van at the end. [ a)£141.45 b)£905.55]

Q9) Sabrina places £573 in a bank for 2 years at 2% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£22.92 b)£595.92]

Q9) Jaden invests £2000 in bonds for 5 years at a compound interest rate of 9%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£1077.25 b)£3077.25]

Q9) Hammid buys a van for £6654 and is kept for 6 years. It depreciates at rate of 4% per year. Calculate (a) money the van loses and (b) the value of the van at the end. [ a)£1445.53 b)£5208.47]

Q10) Steven places £50 in a bank for 13 years at 8% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£52.00 b)£102.00]

Q10) Teagan invests £1000 in bonds for 7 years at a compound interest rate of 9%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£828.04 b)£1828.04]

Q10) Harley buys a motorbike for £6129 and is kept for 9 years. It depreciates at rate of 3% per year. Calculate (a) money the motorbike loses and (b) the value of the motorbike at the end. [ a)£1469.54 b)£4659.46]