Q1) The multiplication factor to increase by 15% is? [ x 1.15]
Q1) Lumaya places £298 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)£119.20 b)£417.20]
Q1) Jonathan invests £2000 in bonds for 7 years at a compound interest rate of 4%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£631.86 b)£2631.86]
Q2) The multiplication factor to decrease by 40% is? [ x 0.6]
Q2) Sabrina places £812 in a bank for 6 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£438.48 b)£1250.48]
Q2) Logun invests £2000 in bonds for 7 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)£2152.32 b)£4152.32]
Q3) The multiplication factor to decrease by 20% is? [ x 0.8]
Q3) Sharney places £270 in a bank for 13 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£140.40 b)£410.40]
Q3) Steven invests £6000 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)£26101.5 b)£32101.50]
Q4) The multiplication factor to increase by 10% is? [ x 1.1]
Q4) Jenson places £520 in a bank for 5 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£234.00 b)£754.00]
Q4) Lumaya invests £1000 in bonds for 3 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)£92.73 b)£1092.73]
Q5) The multiplication factor to increase by 40% is? [ x 1.4]
Q5) Ariel places £140 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)£11.20 b)£151.20]
Q5) Joseph invests £2000 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)£814.2 b)£2814.20]
Q6) The multiplication factor to decrease by 20% is? [ x 0.8]
Q6) Nathan places £260 in a bank for 15 years at 6% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£234.00 b)£494.00]
Q6) Anna invests £1000 in bonds for 5 years at a compound interest rate of 4%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£216.65 b)£1216.65]
Q7) The multiplication factor to increase by 40% is? [ x 1.4]
Q7) Hammid places £382 in a bank for 8 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£275.04 b)£657.04]
Q7) Alex invests £6000 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)£9482.56 b)£15482.56]
Q8) The multiplication factor to decrease by 25% is? [ x 0.75]
Q8) Teagan places £820 in a bank for 14 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£114.80 b)£934.80]
Q8) Jonathan invests £5000 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)£16817.47 b)£21817.47]
Q9) The multiplication factor to increase by 30% is? [ x 1.3]
Q9) Ariel places £902 in a bank for 9 years at 3% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£243.54 b)£1145.54]
Q9) Eva invests £7000 in bonds for 14 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)£23173.09 b)£30173.09]
Q10) The multiplication factor to increase by 25% is? [ x 1.25]
Q10) Jennine places £962 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)£962.00 b)£1924.00]
Q10) Lumaya invests £4000 in bonds for 14 years at a compound interest rate of 8%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£7748.77 b)£11748.77]