Q1) Sam places £977 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)£97.70 b)£1074.70]

Q1) Alex invests £7000 in bonds for 10 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)£9571.55 b)£16571.55]

Q1) Hassan buys a minibus for £4790 and is kept for 2 years. It depreciates at rate of 13% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. [ a)£1164.45 b)£3625.55]

Q2) Alex places £702 in a bank for 10 years at 5% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£351.00 b)£1053.00]

Q2) Alfie invests £9000 in bonds for 6 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)£7833.73 b)£16833.73]

Q2) Brady buys a car for £3329 and is kept for 10 years. It depreciates at rate of 15% per year. Calculate (a) money the car loses and (b) the value of the car at the end. [ a)£2673.61 b)£655.39]

Q3) Alex places £703 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)£506.16 b)£1209.16]

Q3) Eva invests £600 in bonds for 12 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)£607.32 b)£1207.32]

Q3) Alex buys a minibus for £2028 and is kept for 2 years. It depreciates at rate of 10% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. [ a)£385.32 b)£1642.68]

Q4) Jenson places £578 in a bank for 10 years at 2% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£115.60 b)£693.60]

Q4) Nathan invests £400 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)£632.17 b)£1032.17]

Q4) McKenzie buys a minibus for £6811 and is kept for 15 years. It depreciates at rate of 2% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. [ a)£1780.61 b)£5030.39]

Q5) Julie places £34 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)£17.68 b)£51.68]

Q5) Steven invests £9000 in bonds for 2 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)£1497.6 b)£10497.60]

Q5) Alex buys a van for £615 and is kept for 8 years. It depreciates at rate of 2% per year. Calculate (a) money the van loses and (b) the value of the van at the end. [ a)£91.78 b)£523.22]

Q6) Teagan places £635 in a bank for 6 years at 8% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£304.80 b)£939.80]

Q6) Kyra invests £4000 in bonds for 11 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)£12904.93 b)£16904.93]

Q6) Jennine buys a minibus for £6867 and is kept for 5 years. It depreciates at rate of 2% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. [ a)£659.78 b)£6207.22]

Q7) Nathan places £653 in a bank for 14 years at 2% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£182.84 b)£835.84]

Q7) Kyra invests £5000 in bonds for 4 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)£2320.5 b)£7320.50]

Q7) Alfie buys a van for £5797 and is kept for 6 years. It depreciates at rate of 13% per year. Calculate (a) money the van loses and (b) the value of the van at the end. [ a)£3283.27 b)£2513.73]

Q8) Alex places £297 in a bank for 13 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£38.61 b)£335.61]

Q8) Harley invests £300 in bonds for 7 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)£44.61 b)£344.61]

Q8) Teagan buys a car for £823 and is kept for 15 years. It depreciates at rate of 11% per year. Calculate (a) money the car loses and (b) the value of the car at the end. [ a)£679.7 b)£143.30]

Q9) Alex places £367 in a bank for 5 years at 3% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£55.05 b)£422.05]

Q9) Joseph invests £5000 in bonds for 7 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)£360.68 b)£5360.68]

Q9) Jonathan buys a minibus for £7970 and is kept for 14 years. It depreciates at rate of 13% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. [ a)£6835.7 b)£1134.30]

Q10) Brady places £141 in a bank for 11 years at 6% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£93.06 b)£234.06]

Q10) Steven invests £2000 in bonds for 4 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)£431.01 b)£2431.01]

Q10) Eva buys a motorbike for £8302 and is kept for 13 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)£6943.9 b)£1358.10]