Q1) Luke places £923 in a bank for 8 years at 6% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£443.04 b)£1366.04]

Q1) Jonathan invests £6000 in bonds for 13 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. [ a)£17299.68 b)£23299.68]

Q1) Lumaya buys a van for £2939 and is kept for 4 years. It depreciates at rate of 15% per year. Calculate (a) money the van loses and (b) the value of the van at the end. [ a)£1404.82 b)£1534.18]

Q2) Harley places £260 in a bank for 15 years at 6% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£234.00 b)£494.00]

Q2) Hassan invests £8000 in bonds for 15 years at a compound interest rate of 10%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£25417.99 b)£33417.99]

Q2) Brady buys a car for £5697 and is kept for 4 years. It depreciates at rate of 11% per year. Calculate (a) money the car loses and (b) the value of the car at the end. [ a)£2122.57 b)£3574.43]

Q3) Alex places £556 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)£77.84 b)£633.84]

Q3) Ariel invests £5000 in bonds for 13 years at a compound interest rate of 14%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£22462.06 b)£27462.06]

Q3) Anna buys a racing bicycle for £9017 and is kept for 7 years. It depreciates at rate of 15% per year. Calculate (a) money the racing bicycle loses and (b) the value of the racing bicycle at the end. [ a)£6126.36 b)£2890.64]

Q4) Jennine places £429 in a bank for 7 years at 2% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£60.06 b)£489.06]

Q4) Kyra invests £8000 in bonds for 12 years at a compound interest rate of 15%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£34802 b)£42802.00]

Q4) Lumaya buys a motorbike for £9540 and is kept for 10 years. It depreciates at rate of 11% per year. Calculate (a) money the motorbike loses and (b) the value of the motorbike at the end. [ a)£6565.26 b)£2974.74]

Q5) Eva places £273 in a bank for 4 years at 5% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£54.60 b)£327.60]

Q5) Joseph invests £5000 in bonds for 10 years at a compound interest rate of 10%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£7968.71 b)£12968.71]

Q5) Lumaya buys a racing bicycle for £1446 and is kept for 10 years. It depreciates at rate of 10% per year. Calculate (a) money the racing bicycle loses and (b) the value of the racing bicycle at the end. [ a)£941.81 b)£504.19]

Q6) Alex places £903 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. [ a)£162.54 b)£1065.54]

Q6) Sam invests £8000 in bonds for 7 years at a compound interest rate of 10%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£7589.74 b)£15589.74]

Q6) Jennine buys a car for £257 and is kept for 3 years. It depreciates at rate of 4% per year. Calculate (a) money the car loses and (b) the value of the car at the end. [ a)£29.62 b)£227.38]

Q7) Jenson places £499 in a bank for 11 years at 7% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£384.23 b)£883.23]

Q7) Jaden invests £2000 in bonds for 5 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. [ a)£1077.25 b)£3077.25]

Q7) Sabrina buys a motorbike for £6835 and is kept for 5 years. It depreciates at rate of 10% per year. Calculate (a) money the motorbike loses and (b) the value of the motorbike at the end. [ a)£2799 b)£4036.00]

Q8) Alex places £987 in a bank for 5 years at 2% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£98.70 b)£1085.70]

Q8) Jenson invests £1000 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)£159.27 b)£1159.27]

Q8) Sharney buys a motorbike for £34 and is kept for 3 years. It depreciates at rate of 2% per year. Calculate (a) money the motorbike loses and (b) the value of the motorbike at the end. [ a)£2 b)£32.00]

Q9) Nathan places £585 in a bank for 12 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£280.80 b)£865.80]

Q9) Jenson invests £2000 in bonds for 3 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. [ a)£735.26 b)£2735.26]

Q9) Jennine buys a racing bicycle for £4976 and is kept for 13 years. It depreciates at rate of 5% per year. Calculate (a) money the racing bicycle loses and (b) the value of the racing bicycle at the end. [ a)£2421.61 b)£2554.39]

Q10) Joseph places £210 in a bank for 13 years at 5% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£136.50 b)£346.50]

Q10) Jonathan invests £9000 in bonds for 3 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)£550.87 b)£9550.87]

Q10) Teagan buys a van for £8987 and is kept for 13 years. It depreciates at rate of 13% per year. Calculate (a) money the van loses and (b) the value of the van at the end. [ a)£7516.84 b)£1470.16]