Simple,Compound and Depreciation

Easy

Medium

Difficult

Q1) Multiplication factor to decrease by 25% is
Q1) McKenzie places £747 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.
Q1) Sam invests £3191 in bonds for 13 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.
Q2) Multiplication factor to decrease by 40% is
Q2) Harley places £1 in a bank for 5 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q2) Prabjot invests £4122 in bonds for 2 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.
Q3) Multiplication factor to increase by 5% is
Q3) Alex places £880 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.
Q3) Anna invests £1357 in bonds for 12 years at a 5% 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 30% is
Q4) Ariel places £119 in a bank for 14 years at 5% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q4) Alex invests £7453 in bonds for 3 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.
Q5) Multiplication factor to increase by 40% is
Q5) Anna places £1000 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.
Q5) Alex invests £1138 in bonds for 5 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.
Q6) Multiplication factor to decrease by 20% is
Q6) Sam places £625 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) Nathan invests £8208 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.
Q7) Multiplication factor to decrease by 35% is
Q7) Sam places £671 in a bank for 8 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q7) Nathan invests £8177 in bonds for 6 years at a 1% 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 50% is
Q8) Prabjot places £451 in a bank for 11 years at 8% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q8) Sam invests £5489 in bonds for 11 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.
Q9) Multiplication factor to decrease by 50% is
Q9) Brady places £187 in a bank for 5 years at 6% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q9) Kyra invests £5558 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.
Q10) Multiplication factor to increase by 25% is
Q10) Harley places £30 in a bank for 11 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q10) Nathan invests £1259 in bonds for 12 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.