Q1) The multiplication factor to increase by 45% is? [ x 1.45]
Q1) Anna places £29 in a bank for 12 years at 8% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£27.84 b)£56.84]
Q1) Luke invests £3000 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)£6516.51 b)£9516.51]
Q2) The multiplication factor to decrease by 15% is? [ x 0.85]
Q2) Anna places £666 in a bank for 9 years at 3% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£179.82 b)£845.82]
Q2) Jaden invests £600 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)£157.49 b)£757.49]
Q3) The multiplication factor to increase by 10% is? [ x 1.1]
Q3) Julie places £309 in a bank for 9 years at 5% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£139.05 b)£448.05]
Q3) Jonathan invests £5000 in bonds for 15 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)£30689.69 b)£35689.69]
Q4) The multiplication factor to decrease by 35% is? [ x 0.65]
Q4) Joseph places £166 in a bank for 2 years at 8% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£26.56 b)£192.56]
Q4) Brady invests £3000 in bonds for 7 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)£4980.06 b)£7980.06]
Q5) The multiplication factor to increase by 5% is? [ x 1.05]
Q5) Joseph places £812 in a bank for 15 years at 7% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£852.60 b)£1664.60]
Q5) Prabjot invests £4000 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)£7357.68 b)£11357.68]
Q6) The multiplication factor to decrease by 5% is? [ x 0.95]
Q6) Monique places £399 in a bank for 7 years at 10% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£279.30 b)£678.30]
Q6) Jonathan invests £8000 in bonds for 6 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)£8655.61 b)£16655.61]
Q7) The multiplication factor to increase by 15% is? [ x 1.15]
Q7) Joseph places £510 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)£66.30 b)£576.30]
Q7) Hassan invests £9000 in bonds for 14 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)£11348.14 b)£20348.14]
Q8) The multiplication factor to increase by 30% is? [ x 1.3]
Q8) Hassan places £377 in a bank for 13 years at 2% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£98.02 b)£475.02]
Q8) Jenson invests £5000 in bonds for 11 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)£578.34 b)£5578.34]
Q9) The multiplication factor to decrease by 20% is? [ x 0.8]
Q9) Prabjot places £297 in a bank for 3 years at 2% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£17.82 b)£314.82]
Q9) Jenson invests £1000 in bonds for 9 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)£1171.89 b)£2171.89]
Q10) The multiplication factor to decrease by 25% is? [ x 0.75]
Q10) Sharney places £571 in a bank for 3 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£68.52 b)£639.52]
Q10) Hammid invests £3000 in bonds for 9 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)£585.28 b)£3585.28]