Q1) The multiplication factor to increase by 10% is? [ x 1.1]
Q1) Alex places £891 in a bank for 8 years at 5% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£356.40 b)£1247.40]
Q1) Logun invests £3000 in bonds for 6 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)£1502.19 b)£4502.19]
Q2) The multiplication factor to increase by 10% is? [ x 1.1]
Q2) Prabjot places £286 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)£188.76 b)£474.76]
Q2) Jenson invests £4000 in bonds for 2 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)£840 b)£4840.00]
Q3) The multiplication factor to decrease by 30% is? [ x 0.7]
Q3) Alfie places £327 in a bank for 6 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£19.62 b)£346.62]
Q3) Anna invests £4000 in bonds for 11 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)£4419.41 b)£8419.41]
Q4) The multiplication factor to increase by 5% is? [ x 1.05]
Q4) Nathan places £915 in a bank for 4 years at 7% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£256.20 b)£1171.20]
Q4) Sam invests £3000 in bonds for 5 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)£477.82 b)£3477.82]
Q5) The multiplication factor to decrease by 35% is? [ x 0.65]
Q5) Harley places £539 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)£80.85 b)£619.85]
Q5) Hammid invests £1000 in bonds for 5 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)£685.06 b)£1685.06]
Q6) The multiplication factor to increase by 45% is? [ x 1.45]
Q6) Sabrina places £518 in a bank for 2 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£93.24 b)£611.24]
Q6) Alex invests £10000 in bonds for 6 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)£615.2 b)£10615.20]
Q7) The multiplication factor to decrease by 40% is? [ x 0.6]
Q7) Julie places £42 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)£36.96 b)£78.96]
Q7) Eva invests £3000 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)£1760.62 b)£4760.62]
Q8) The multiplication factor to decrease by 20% is? [ x 0.8]
Q8) McKenzie places £358 in a bank for 3 years at 10% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£107.40 b)£465.40]
Q8) Alex invests £1000 in bonds for 14 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)£319.48 b)£1319.48]
Q9) The multiplication factor to increase by 25% is? [ x 1.25]
Q9) Lumaya places £515 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)£51.50 b)£566.50]
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]
Q10) The multiplication factor to increase by 45% is? [ x 1.45]
Q10) 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]
Q10) Alfie invests £6000 in bonds for 8 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)£12354.14 b)£18354.14]