Percentages: Interest Compound and Depreciation

## Easy |
## Medium |
## Difficult |
---|---|---|

Q1) Teagan invests £9262 in bonds for 9 years at a 15% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. | Q1) Anna buys a van at £2698 and is kept for 3 years. It depreciates at rate of 6% per year. Calculate (a) money the van loses and (b) the value of the van at the end. | Q1) Sharney invests £7354 in a bank. After 2 years it is worth £8577.71. What is the compound interest rate? |

Q2) Prabjot invests £1752 in bonds for 5 years at a 13% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. | Q2) Alfie buys a van at £9624 and is kept for 3 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. | Q2) Prabjot invests £6268 in bonds at 11% compound interest per annum. After how many years will the bonds be worth £8572.31? |

Q3) Sharney invests £2496 in bonds for 12 years at a 14% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. | Q3) Sam buys a minibus at £9245 and is kept for 6 years. It depreciates at rate of 4% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. | Q3) McKenzie invests £3088 in a bank. After 6 years it is worth £6778.08. What is the compound interest rate? |

Q4) Brady invests £8316 in bonds for 4 years at a 11% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. | Q4) McKenzie buys a car at £3439 and is kept for 5 years. It depreciates at rate of 5% per year. Calculate (a) money the car loses and (b) the value of the car at the end. | Q4) Prabjot invests £637 in a bank. After 4 years it is worth £1038.61. What is the compound interest rate? |

Q5) Prabjot invests £5400 in bonds for 6 years at a 11% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. | Q5) Sharney buys a car at £2628 and is kept for 10 years. It depreciates at rate of 10% per year. Calculate (a) money the car loses and (b) the value of the car at the end. | Q5) Anna invests £6492 in bonds at 9% compound interest per annum. After how many years will the bonds be worth £10887.73? |

Q6) Kyra invests £4976 in bonds for 9 years at a 4% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. | Q6) Anna buys a minibus at £2482 and is kept for 6 years. It depreciates at rate of 14% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. | Q6) Ariel invests £6491 in a bank. After 3 years it is worth £7951.75. What is the compound interest rate? |

Q7) Kyra invests £3577 in bonds for 3 years at a 3% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. | Q7) Sam buys a van at £1899 and is kept for 9 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. | Q7) Kyra invests £3258 in a bank. After 4 years it is worth £4945.87. What is the compound interest rate? |

Q8) McKenzie invests £6353 in bonds for 14 years at a 11% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. | Q8) Sam buys a minibus at £5688 and is kept for 11 years. It depreciates at rate of 14% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. | Q8) McKenzie invests £1467 in a bank. After 6 years it is worth £2460.31. What is the compound interest rate? |

Q9) Kyra invests £950 in bonds for 11 years at a 2% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. | Q9) Anna buys a motorbike at £4604 and is kept for 8 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. | Q9) Nathan invests £9225 in a bank. After 6 years it is worth £18208.51. What is the compound interest rate? |

Q10) McKenzie invests £9198 in bonds for 9 years at a 2% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. | Q10) Prabjot buys a minibus at £8706 and is kept for 11 years. It depreciates at rate of 14% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. | Q10) McKenzie invests £9695 in bonds at 15% compound interest per annum. After how many years will the bonds be worth £14744.88? |