Simple,Compound and Depreciation

Easy

Medium

Difficult

Q1) Multiplication factor to increase by 45% is
Q1) McKenzie places £95 in a bank for 9 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q1) Sharney invests £954 in bonds for 6 years at a 8% 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 50% is
Q2) Kyra places £92 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.
Q2) Alfie invests £9056 in bonds for 7 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.
Q3) Multiplication factor to increase by 10% is
Q3) Sam places £658 in a bank for 3 years at 5% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q3) Anna invests £9555 in bonds for 9 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 35% is
Q4) Anna places £18 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.
Q4) Brady invests £8980 in bonds for 4 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.
Q5) Multiplication factor to increase by 15% is
Q5) Brady places £688 in a bank for 11 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 £5729 in bonds for 8 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.
Q6) Multiplication factor to decrease by 40% is
Q6) Logun places £335 in a bank for 3 years at 7% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q6) Kyra invests £8105 in bonds for 2 years at a 4% 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 20% is
Q7) Kyra places £646 in a bank for 12 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q7) Anna invests £4838 in bonds for 15 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.
Q8) Multiplication factor to decrease by 15% is
Q8) Kyra places £172 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.
Q8) Sam invests £9948 in bonds for 6 years at a 7% 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 50% is
Q9) Sam places £167 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.
Q9) Ariel invests £9468 in bonds for 6 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.
Q10) Multiplication factor to decrease by 30% is
Q10) Teagan places £503 in a bank for 14 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period.
Q10) Jenson invests £1475 in bonds for 15 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.