Q1) The multiplication factor to increase by 30% is? [ x 1.3]
Q1) Kyra places £617 in a bank for 9 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£499.77 b)£1116.77]
Q1) Alfie invests £2000 in bonds for 4 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)£524.95 b)£2524.95]
Q2) The multiplication factor to increase by 35% is? [ x 1.35]
Q2) Luke places £286 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)£308.88 b)£594.88]
Q2) Teagan invests £4000 in bonds for 6 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)£5252.24 b)£9252.24]
Q3) The multiplication factor to decrease by 30% is? [ x 0.7]
Q3) Prabjot places £881 in a bank for 15 years at 2% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£264.30 b)£1145.30]
Q3) Alex invests £5000 in bonds for 5 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)£5056.79 b)£10056.79]
Q4) The multiplication factor to decrease by 5% is? [ x 0.95]
Q4) Nathan places £277 in a bank for 14 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£38.78 b)£315.78]
Q4) Lumaya invests £1000 in bonds for 10 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)£1839.42 b)£2839.42]
Q5) The multiplication factor to increase by 50% is? [ x 1.5]
Q5) Logun places £713 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)£78.43 b)£791.43]
Q5) Sharney invests £800 in bonds for 15 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)£1737.74 b)£2537.74]
Q6) The multiplication factor to increase by 15% is? [ x 1.15]
Q6) Monique places £251 in a bank for 12 years at 5% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£150.60 b)£401.60]
Q6) Alex invests £5000 in bonds for 11 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)£2697.27 b)£7697.27]
Q7) The multiplication factor to decrease by 10% is? [ x 0.9]
Q7) Jaden places £768 in a bank for 14 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£967.68 b)£1735.68]
Q7) Monique invests £5000 in bonds for 7 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)£1579.66 b)£6579.66]
Q8) The multiplication factor to increase by 20% is? [ x 1.2]
Q8) Sabrina places £458 in a bank for 5 years at 2% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£45.80 b)£503.80]
Q8) Jenson invests £2000 in bonds for 14 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)£3157.07 b)£5157.07]
Q9) The multiplication factor to increase by 40% is? [ x 1.4]
Q9) Alfie places £569 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)£85.35 b)£654.35]
Q9) Teagan invests £2000 in bonds for 5 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)£938.66 b)£2938.66]
Q10) The multiplication factor to increase by 5% is? [ x 1.05]
Q10) Ariel places £744 in a bank for 5 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£148.80 b)£892.80]
Q10) Alfie invests £400 in bonds for 5 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)£244.2 b)£644.20]