Mr Daniels Maths
Simple,Compound and Depreciation

Set 1

Set 2

Set 3

Q1) The multiplication factor to decrease by 30% is?

Q1) Sabrina places £923 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.

Q1) Luke invests £10000 in bonds for 6 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.

Q2) The multiplication factor to decrease by 30% is?

Q2) Jennine places £378 in a bank for 6 years at 3% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q2) Kyra invests £900 in bonds for 15 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.

Q3) The multiplication factor to increase by 30% is?

Q3) Lumaya places £908 in a bank for 13 years at 6% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q3) Jenson invests £600 in bonds for 11 years at a compound interest rate of 5%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q4) The multiplication factor to increase by 40% is?

Q4) Brady places £190 in a bank for 12 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q4) Luke invests £2000 in bonds for 14 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.

Q5) The multiplication factor to increase by 40% is?

Q5) Logun places £10 in a bank for 5 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q5) Ariel invests £3000 in bonds for 7 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.

Q6) The multiplication factor to increase by 5% is?

Q6) Teagan places £544 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.

Q6) Monique invests £5000 in bonds for 4 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.

Q7) The multiplication factor to decrease by 15% is?

Q7) Kyra places £494 in a bank for 15 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q7) Teagan invests £8000 in bonds for 2 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.

Q8) The multiplication factor to decrease by 45% is?

Q8) Luke places £957 in a bank for 9 years at 6% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q8) McKenzie invests £7000 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.

Q9) The multiplication factor to decrease by 5% is?

Q9) Anna places £224 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.

Q9) Kyra invests £4000 in bonds for 13 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.

Q10) The multiplication factor to decrease by 40% is?

Q10) Monique places £470 in a bank for 7 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.

Q10) Harley invests £9000 in bonds for 6 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.