Q1) Logun places £243 in a bank for 12 years at 7% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£204.12 b)£447.12]

Q1) Alex invests £8000 in bonds for 2 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)£2035.2 b)£10035.20]

Q1) Alex buys a van for £2021 and is kept for 4 years. It depreciates at rate of 9% per year. Calculate (a) money the van loses and (b) the value of the van at the end. [ a)£635.1 b)£1385.90]

Q2) Logun places £431 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)£155.16 b)£586.16]

Q2) Jaden invests £5000 in bonds for 13 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)£14416.4 b)£19416.40]

Q2) Hammid buys a van for £5929 and is kept for 15 years. It depreciates at rate of 7% per year. Calculate (a) money the van loses and (b) the value of the van at the end. [ a)£3932.7 b)£1996.30]

Q3) Prabjot places £310 in a bank for 5 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£139.50 b)£449.50]

Q3) Alfie invests £4000 in bonds for 11 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)£8607.03 b)£12607.03]

Q3) Jenson buys a racing bicycle for £310 and is kept for 13 years. It depreciates at rate of 15% per year. Calculate (a) money the racing bicycle loses and (b) the value of the racing bicycle at the end. [ a)£272.52 b)£37.48]

Q4) Prabjot places £688 in a bank for 11 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£75.68 b)£763.68]

Q4) Nathan invests £2000 in bonds for 4 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)£339.72 b)£2339.72]

Q4) Hammid buys a racing bicycle for £543 and is kept for 3 years. It depreciates at rate of 1% per year. Calculate (a) money the racing bicycle loses and (b) the value of the racing bicycle at the end. [ a)£16.13 b)£526.87]

Q5) Jonathan places £215 in a bank for 2 years at 5% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£21.50 b)£236.50]

Q5) Jennine invests £10 in bonds for 6 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)£11.95 b)£21.95]

Q5) Logun buys a motorbike for £3549 and is kept for 13 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)£434.68 b)£3114.32]

Q6) Anna places £23 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)£10.12 b)£33.12]

Q6) Jennine invests £9000 in bonds for 15 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)£5021.71 b)£14021.71]

Q6) Julie buys a minibus for £8406 and is kept for 7 years. It depreciates at rate of 1% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. [ a)£571.06 b)£7834.94]

Q7) Jennine places £764 in a bank for 8 years at 10% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£611.20 b)£1375.20]

Q7) Lumaya invests £3000 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)£1214.78 b)£4214.78]

Q7) Alex buys a racing bicycle for £8436 and is kept for 12 years. It depreciates at rate of 3% per year. Calculate (a) money the racing bicycle loses and (b) the value of the racing bicycle at the end. [ a)£2582.75 b)£5853.25]

Q8) Alfie places £673 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)£282.66 b)£955.66]

Q8) Alex invests £3000 in bonds for 3 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)£675.13 b)£3675.13]

Q8) Steven buys a racing bicycle for £4588 and is kept for 9 years. It depreciates at rate of 14% per year. Calculate (a) money the racing bicycle loses and (b) the value of the racing bicycle at the end. [ a)£3407.38 b)£1180.62]

Q9) Jenson places £773 in a bank for 12 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£371.04 b)£1144.04]

Q9) Sam invests £3000 in bonds for 12 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)£10003.57 b)£13003.57]

Q9) Jennine buys a car for £591 and is kept for 10 years. It depreciates at rate of 12% per year. Calculate (a) money the car loses and (b) the value of the car at the end. [ a)£426.41 b)£164.59]

Q10) Hammid places £350 in a bank for 11 years at 3% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£115.50 b)£465.50]

Q10) Joseph invests £200 in bonds for 6 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)£25.23 b)£225.23]

Q10) Steven buys a motorbike for £3214 and is kept for 8 years. It depreciates at rate of 2% per year. Calculate (a) money the motorbike loses and (b) the value of the motorbike at the end. [ a)£479.65 b)£2734.35]