Q1) Joseph places £999 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)£419.58 b)£1418.58]

Q1) Lumaya invests £9000 in bonds for 4 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)£2797.16 b)£11797.16]

Q1) Anna buys a racing bicycle for £3063 and is kept for 2 years. It depreciates at rate of 5% per year. Calculate (a) money the racing bicycle loses and (b) the value of the racing bicycle at the end. [ a)£298.64 b)£2764.36]

Q2) McKenzie places £113 in a bank for 4 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£18.08 b)£131.08]

Q2) Joseph invests £9000 in bonds for 10 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)£10430.32 b)£19430.32]

Q2) Alex buys a minibus for £6245 and is kept for 6 years. It depreciates at rate of 6% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. [ a)£1936.76 b)£4308.24]

Q3) Hassan places £945 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)£510.30 b)£1455.30]

Q3) Prabjot invests £1000 in bonds for 4 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)£82.43 b)£1082.43]

Q3) Jaden buys a minibus for £7926 and is kept for 2 years. It depreciates at rate of 5% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. [ a)£772.78 b)£7153.22]

Q4) Hassan places £601 in a bank for 11 years at 8% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£528.88 b)£1129.88]

Q4) Monique invests £700 in bonds for 5 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)£377.04 b)£1077.04]

Q4) Alex buys a car for £7335 and is kept for 14 years. It depreciates at rate of 4% per year. Calculate (a) money the car loses and (b) the value of the car at the end. [ a)£3193.12 b)£4141.88]

Q5) McKenzie places £942 in a bank for 3 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£254.34 b)£1196.34]

Q5) Harley invests £7000 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)£7533.12 b)£14533.12]

Q5) Jonathan buys a motorbike for £8989 and is kept for 5 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)£440.55 b)£8548.45]

Q6) Ariel places £238 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)£85.68 b)£323.68]

Q6) Jaden invests £2000 in bonds for 9 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)£609.55 b)£2609.55]

Q6) Monique buys a van for £8524 and is kept for 13 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)£7129.58 b)£1394.42]

Q7) Ariel places £192 in a bank for 4 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£30.72 b)£222.72]

Q7) Sabrina invests £9000 in bonds for 11 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)£3458.1 b)£12458.10]

Q7) Jaden buys a van for £7647 and is kept for 10 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)£4980.66 b)£2666.34]

Q8) McKenzie places £852 in a bank for 14 years at 3% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£357.84 b)£1209.84]

Q8) Luke invests £700 in bonds for 6 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)£185.72 b)£885.72]

Q8) Joseph buys a racing bicycle for £174 and is kept for 8 years. It depreciates at rate of 13% per year. Calculate (a) money the racing bicycle loses and (b) the value of the racing bicycle at the end. [ a)£116.89 b)£57.11]

Q9) Ariel places £554 in a bank for 3 years at 5% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£83.10 b)£637.10]

Q9) Alfie invests £7000 in bonds for 2 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)£1624.7 b)£8624.70]

Q9) Ariel buys a motorbike for £8937 and is kept for 10 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)£6716.84 b)£2220.16]

Q10) Jaden places £542 in a bank for 11 years at 8% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£476.96 b)£1018.96]

Q10) Alex invests £2000 in bonds for 10 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)£4789.13 b)£6789.13]

Q10) Hammid buys a van for £1416 and is kept for 15 years. It depreciates at rate of 3% per year. Calculate (a) money the van loses and (b) the value of the van at the end. [ a)£519.32 b)£896.68]