Q1) The multiplication factor to increase by 5% is? [ 1.05]
Q1) Brady places £693 in a bank for 2 years at 7% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£97.02 b)£790.02]
Q1) Luke invests £4000 in bonds for 12 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. [ a)£3183.43 b)£7183.43]
Q2) The multiplication factor to decrease by 10% is? [ 0.9]
Q2) Hassan places £913 in a bank for 4 years at 7% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£255.64 b)£1168.64]
Q2) Hassan invests £8000 in bonds for 11 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)£22686.89 b)£30686.89]
Q3) The multiplication factor to decrease by 45% is? [ 0.55]
Q3) Kyra places £987 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)£236.88 b)£1223.88]
Q3) Hammid invests £2000 in bonds for 5 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)£805.1 b)£2805.10]
Q4) The multiplication factor to increase by 30% is? [ 1.3]
Q4) Alfie places £143 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)£150.15 b)£293.15]
Q4) Jenson invests £7000 in bonds for 5 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)£1114.92 b)£8114.92]
Q5) The multiplication factor to increase by 45% is? [ 1.45]
Q5) Jaden places £21 in a bank for 6 years at 7% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£8.82 b)£29.82]
Q5) Teagan invests £10000 in bonds for 7 years at a compound interest rate of 12%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£12106.81 b)£22106.81]
Q6) The multiplication factor to increase by 15% is? [ 1.15]
Q6) Logun places £586 in a bank for 4 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£23.44 b)£609.44]
Q6) Jenson invests £5000 in bonds for 4 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)£412.16 b)£5412.16]
Q7) The multiplication factor to decrease by 30% is? [ 0.7]
Q7) Julie places £984 in a bank for 4 years at 10% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£393.60 b)£1377.60]
Q7) Luke invests £5000 in bonds for 14 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)£1597.39 b)£6597.39]
Q8) The multiplication factor to decrease by 35% is? [ 0.65]
Q8) Eva places £907 in a bank for 6 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£217.68 b)£1124.68]
Q8) Hassan invests £3000 in bonds for 2 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)£182.7 b)£3182.70]
Q9) The multiplication factor to decrease by 40% is? [ 0.6]
Q9) Jaden places £5 in a bank for 15 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£6.75 b)£11.75]
Q9) Alex invests £8000 in bonds for 6 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. [ a)£2720.77 b)£10720.77]
Q10) The multiplication factor to increase by 35% is? [ 1.35]
Q10) McKenzie places £62 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. [ a)£11.16 b)£73.16]
Q10) Sam invests £1000 in bonds for 10 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)£343.92 b)£1343.92]