Simple,Compound and Depreciation

Easy

Medium

Difficult

Q1) Multiplication factor to increase by 25% is
Q1) Teagan places £580 in a bank for 2 years at 3% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q1) Ariel invests £5553 in bonds for 2 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.
Q2) Multiplication factor to decrease by 10% is
Q2) Harley places £926 in a bank for 10 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q2) Nathan invests £8556 in bonds for 3 years at a 12% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q3) Multiplication factor to increase by 35% is
Q3) Steven places £706 in a bank for 4 years at 8% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q3) Logun invests £7105 in bonds for 5 years at a 9% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q4) Multiplication factor to decrease by 45% is
Q4) Alfie places £957 in a bank for 10 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q4) Harley invests £1027 in bonds for 12 years at a 9% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q5) Multiplication factor to decrease by 35% is
Q5) Prabjot places £748 in a bank for 6 years at 2% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q5) Logun invests £9575 in bonds for 10 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.
Q6) Multiplication factor to decrease by 25% is
Q6) Sharney places £653 in a bank for 3 years at 6% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q6) Steven invests £3157 in bonds for 10 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.
Q7) Multiplication factor to increase by 45% is
Q7) Harley places £297 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.
Q7) Nathan invests £6080 in bonds for 8 years at a 10% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q8) Multiplication factor to increase by 10% is
Q8) Jenson places £479 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.
Q8) Ariel invests £4888 in bonds for 13 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) Multiplication factor to increase by 15% is
Q9) Teagan places £442 in a bank for 9 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q9) Ariel invests £2786 in bonds for 6 years at a 12% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q10) Multiplication factor to increase by 50% is
Q10) Jenson places £594 in a bank for 6 years at 6% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q10) Steven invests £2668 in bonds for 14 years at a 6% compound interest rate. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.