Q1) The multiplication factor to decrease by 15% is? [ x 0.85]
Q1) 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]
Q1) 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]
Q2) The multiplication factor to increase by 20% is? [ x 1.2]
Q2) Alex places £987 in a bank for 5 years at 2% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£98.70 b)£1085.70]
Q2) Brady invests £4000 in bonds for 5 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)£2442.04 b)£6442.04]
Q3) The multiplication factor to decrease by 40% is? [ x 0.6]
Q3) Alex places £441 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)£317.52 b)£758.52]
Q3) Anna invests £7000 in bonds for 12 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)£4207.23 b)£11207.23]
Q4) The multiplication factor to decrease by 35% is? [ x 0.65]
Q4) Alex places £903 in a bank for 6 years at 3% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£162.54 b)£1065.54]
Q4) 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]
Q5) The multiplication factor to increase by 30% is? [ x 1.3]
Q5) Alfie places £108 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)£45.36 b)£153.36]
Q5) Anna invests £5000 in bonds for 3 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)£624.32 b)£5624.32]
Q6) The multiplication factor to decrease by 45% is? [ x 0.55]
Q6) Joseph places £53 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)£38.16 b)£91.16]
Q6) Ariel invests £5000 in bonds for 13 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)£22462.06 b)£27462.06]
Q7) The multiplication factor to increase by 25% is? [ x 1.25]
Q7) Luke places £319 in a bank for 13 years at 6% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£248.82 b)£567.82]
Q7) Joseph invests £5000 in bonds for 10 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)£7968.71 b)£12968.71]
Q8) The multiplication factor to increase by 10% is? [ x 1.1]
Q8) 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]
Q8) Harley invests £200 in bonds for 13 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)£133.01 b)£333.01]
Q9) The multiplication factor to increase by 30% is? [ x 1.3]
Q9) 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]
Q9) Joseph invests £7000 in bonds for 6 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)£4108.12 b)£11108.12]
Q10) The multiplication factor to increase by 40% is? [ x 1.4]
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) 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]