Q1) The multiplication factor to decrease by 30% is? [ x 0.7]
Q1) Alfie places £799 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)£830.96 b)£1629.96]
Q1) Alex invests £400 in bonds for 15 years at a compound interest rate of 1%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£64.39 b)£464.39]
Q2) The multiplication factor to increase by 30% is? [ x 1.3]
Q2) Hammid places £301 in a bank for 10 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£30.10 b)£331.10]
Q2) McKenzie invests £2000 in bonds for 7 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)£1897.43 b)£3897.43]
Q3) The multiplication factor to increase by 40% is? [ x 1.4]
Q3) Sabrina places £896 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)£35.84 b)£931.84]
Q3) Kyra invests £6000 in bonds for 8 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)£1600.62 b)£7600.62]
Q4) The multiplication factor to decrease by 5% is? [ x 0.95]
Q4) Logun places £208 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)£41.60 b)£249.60]
Q4) Sabrina invests £600 in bonds for 9 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)£934.82 b)£1534.82]
Q5) The multiplication factor to decrease by 15% is? [ x 0.85]
Q5) Alfie places £218 in a bank for 5 years at 6% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£65.40 b)£283.40]
Q5) Jonathan invests £700 in bonds for 3 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)£110.34 b)£810.34]
Q6) The multiplication factor to increase by 35% is? [ x 1.35]
Q6) Ariel places £874 in a bank for 12 years at 6% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£629.28 b)£1503.28]
Q6) Alex invests £6000 in bonds for 12 years at a compound interest rate of 1%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£760.95 b)£6760.95]
Q7) The multiplication factor to decrease by 10% is? [ x 0.9]
Q7) Sharney places £377 in a bank for 14 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£211.12 b)£588.12]
Q7) Jaden invests £2000 in bonds for 6 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)£680.19 b)£2680.19]
Q8) The multiplication factor to decrease by 20% is? [ x 0.8]
Q8) Jennine places £226 in a bank for 13 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£264.42 b)£490.42]
Q8) Joseph invests £4000 in bonds for 7 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)£1628.4 b)£5628.40]
Q9) The multiplication factor to increase by 50% is? [ x 1.5]
Q9) Eva places £960 in a bank for 6 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£57.60 b)£1017.60]
Q9) Luke invests £3000 in bonds for 6 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)£3245.86 b)£6245.86]
Q10) The multiplication factor to increase by 20% is? [ x 1.2]
Q10) Logun places £430 in a bank for 13 years at 3% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£167.70 b)£597.70]
Q10) Lumaya invests £8000 in bonds for 14 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)£12628.27 b)£20628.27]