Q1) The multiplication factor to decrease by 10% is? [ x 0.9]
Q1) Brady places £18 in a bank for 11 years at 2% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£3.96 b)£21.96]
Q1) Jenson invests £2000 in bonds for 14 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)£638.96 b)£2638.96]
Q2) The multiplication factor to increase by 10% is? [ x 1.1]
Q2) Jenson places £783 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)£508.95 b)£1291.95]
Q2) Jennine invests £6000 in bonds for 4 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)£2469.49 b)£8469.49]
Q3) The multiplication factor to decrease by 20% is? [ x 0.8]
Q3) Joseph places £790 in a bank for 15 years at 8% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£948.00 b)£1738.00]
Q3) Jenson invests £600 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)£947.12 b)£1547.12]
Q4) The multiplication factor to increase by 50% is? [ x 1.5]
Q4) Hammid places £988 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)£988.00 b)£1976.00]
Q4) Harley invests £1000 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)£1011.36 b)£2011.36]
Q5) The multiplication factor to decrease by 15% is? [ x 0.85]
Q5) Nathan places £185 in a bank for 8 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£59.20 b)£244.20]
Q5) Jenson invests £4000 in bonds for 5 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)£3049.37 b)£7049.37]
Q6) The multiplication factor to increase by 5% is? [ x 1.05]
Q6) Alex places £498 in a bank for 12 years at 10% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£597.60 b)£1095.60]
Q6) Hammid invests £8000 in bonds for 8 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)£13267.55 b)£21267.55]
Q7) The multiplication factor to increase by 45% is? [ x 1.45]
Q7) Sam places £851 in a bank for 2 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£17.02 b)£868.02]
Q7) Alfie invests £2000 in bonds for 15 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)£10508.54 b)£12508.54]
Q8) The multiplication factor to increase by 20% is? [ x 1.2]
Q8) Alex places £962 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)£500.24 b)£1462.24]
Q8) Brady invests £6000 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)£20180.96 b)£26180.96]
Q9) The multiplication factor to decrease by 45% is? [ x 0.55]
Q9) Eva places £313 in a bank for 9 years at 8% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£225.36 b)£538.36]
Q9) McKenzie invests £500 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)£442.82 b)£942.82]
Q10) The multiplication factor to increase by 30% is? [ x 1.3]
Q10) Jennine places £413 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)£82.60 b)£495.60]
Q10) Alex invests £3000 in bonds for 8 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)£2977.69 b)£5977.69]