Q1) Nathan places £973 in a bank for 11 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£428.12 b)£1401.12]

Q1) Kyra invests £4000 in bonds for 12 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)£5008.77 b)£9008.77]

Q1) Anna buys a motorbike for £8525 and is kept for 4 years. It depreciates at rate of 15% per year. Calculate (a) money the motorbike loses and (b) the value of the motorbike at the end. [ a)£4074.9 b)£4450.10]

Q2) Teagan places £261 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)£26.10 b)£287.10]

Q2) Hammid invests £8000 in bonds for 13 years at a compound interest rate of 6%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£9063.43 b)£17063.43]

Q2) Jennine buys a van for £1528 and is kept for 15 years. It depreciates at rate of 10% per year. Calculate (a) money the van loses and (b) the value of the van at the end. [ a)£1213.4 b)£314.60]

Q3) Luke places £957 in a bank for 9 years at 6% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£516.78 b)£1473.78]

Q3) Prabjot invests £500 in bonds for 7 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)£356.91 b)£856.91]

Q3) Anna buys a car for £9700 and is kept for 14 years. It depreciates at rate of 1% per year. Calculate (a) money the car loses and (b) the value of the car at the end. [ a)£1273.17 b)£8426.83]

Q4) Alex places £162 in a bank for 5 years at 7% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£56.70 b)£218.70]

Q4) Alfie invests £7000 in bonds for 3 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)£3100.28 b)£10100.28]

Q4) Kyra buys a racing bicycle for £3229 and is kept for 5 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)£1214 b)£2015.00]

Q5) Jonathan places £447 in a bank for 4 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£160.92 b)£607.92]

Q5) Prabjot invests £100 in bonds for 7 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)£71.38 b)£171.38]

Q5) Alfie buys a racing bicycle for £991 and is kept for 14 years. It depreciates at rate of 7% per year. Calculate (a) money the racing bicycle loses and (b) the value of the racing bicycle at the end. [ a)£632.21 b)£358.79]

Q6) Kyra places £494 in a bank for 15 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£74.10 b)£568.10]

Q6) Monique invests £5000 in bonds for 4 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)£203.02 b)£5203.02]

Q6) Lumaya buys a motorbike for £5702 and is kept for 12 years. It depreciates at rate of 13% per year. Calculate (a) money the motorbike loses and (b) the value of the motorbike at the end. [ a)£4629.84 b)£1072.16]

Q7) Teagan places £544 in a bank for 3 years at 2% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£32.64 b)£576.64]

Q7) Hassan invests £9000 in bonds for 8 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)£7658.37 b)£16658.37]

Q7) Teagan buys a car for £4886 and is kept for 8 years. It depreciates at rate of 5% per year. Calculate (a) money the car loses and (b) the value of the car at the end. [ a)£1644.53 b)£3241.47]

Q8) Jaden places £946 in a bank for 8 years at 2% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£151.36 b)£1097.36]

Q8) Monique invests £2000 in bonds for 3 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)£809.86 b)£2809.86]

Q8) Alex buys a motorbike for £169 and is kept for 15 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)£61.98 b)£107.02]

Q9) Lumaya places £309 in a bank for 2 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£24.72 b)£333.72]

Q9) Lumaya invests £3000 in bonds for 8 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)£248.57 b)£3248.57]

Q9) Jenson buys a racing bicycle for £460 and is kept for 3 years. It depreciates at rate of 2% per year. Calculate (a) money the racing bicycle loses and (b) the value of the racing bicycle at the end. [ a)£27.05 b)£432.95]

Q10) Jaden places £214 in a bank for 5 years at 8% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£85.60 b)£299.60]

Q10) Eva invests £5000 in bonds for 15 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)£30689.69 b)£35689.69]

Q10) Steven buys a motorbike for £9081 and is kept for 12 years. It depreciates at rate of 1% per year. Calculate (a) money the motorbike loses and (b) the value of the motorbike at the end. [ a)£1031.74 b)£8049.26]