Q1) The multiplication factor to decrease by 40% is? [ 0.6]
Q1) Monique places £429 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)£55.77 b)£484.77]
Q1) Ariel invests £200 in bonds for 3 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)£66.2 b)£266.20]
Q2) The multiplication factor to increase by 30% is? [ 1.3]
Q2) Logun places £75 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)£27.00 b)£102.00]
Q2) Hassan invests £3000 in bonds for 13 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)£15458.36 b)£18458.36]
Q3) The multiplication factor to increase by 50% is? [ 1.5]
Q3) Hassan places £898 in a bank for 8 years at 3% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£215.52 b)£1113.52]
Q3) Jennine invests £6000 in bonds for 7 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)£3021.78 b)£9021.78]
Q4) The multiplication factor to decrease by 30% is? [ 0.7]
Q4) Eva places £113 in a bank for 5 years at 5% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£28.25 b)£141.25]
Q4) Jennine invests £6000 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)£6797.57 b)£12797.57]
Q5) The multiplication factor to increase by 35% is? [ 1.35]
Q5) Julie places £33 in a bank for 13 years at 7% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£30.03 b)£63.03]
Q5) Ariel invests £6000 in bonds for 6 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)£1164.31 b)£7164.31]
Q6) The multiplication factor to decrease by 35% is? [ 0.65]
Q6) Alex places £822 in a bank for 15 years at 8% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£986.40 b)£1808.40]
Q6) Prabjot invests £9000 in bonds for 3 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)£1123.78 b)£10123.78]
Q7) The multiplication factor to increase by 45% is? [ 1.45]
Q7) Julie places £792 in a bank for 14 years at 5% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£554.40 b)£1346.40]
Q7) Anna 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]
Q8) The multiplication factor to increase by 25% is? [ 1.25]
Q8) Hassan places £775 in a bank for 14 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£434.00 b)£1209.00]
Q8) Monique invests £8000 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)£25809.86 b)£33809.86]
Q9) The multiplication factor to decrease by 25% is? [ 0.75]
Q9) Hammid places £351 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)£140.40 b)£491.40]
Q9) Lumaya invests £2000 in bonds for 3 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)£519.42 b)£2519.42]
Q10) The multiplication factor to decrease by 20% is? [ 0.8]
Q10) Jaden places £96 in a bank for 12 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£103.68 b)£199.68]
Q10) McKenzie invests £4000 in bonds for 6 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)£2708.4 b)£6708.40]