Q1) The multiplication factor to decrease by 50% is? [ x 0.5]
Q1) Nathan places £438 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)£17.52 b)£455.52]
Q1) 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]
Q2) The multiplication factor to decrease by 15% is? [ x 0.85]
Q2) Jonathan places £908 in a bank for 14 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£508.48 b)£1416.48]
Q2) Jonathan invests £7000 in bonds for 8 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)£8005.12 b)£15005.12]
Q3) The multiplication factor to increase by 20% is? [ x 1.2]
Q3) 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]
Q3) Hassan invests £800 in bonds for 13 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)£2690.79 b)£3490.79]
Q4) The multiplication factor to decrease by 35% is? [ x 0.65]
Q4) Hassan places £43 in a bank for 10 years at 10% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£43.00 b)£86.00]
Q4) Brady invests £4000 in bonds for 5 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)£2442.04 b)£6442.04]
Q5) The multiplication factor to increase by 25% is? [ x 1.25]
Q5) Alex places £441 in a bank for 9 years at 8% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£317.52 b)£758.52]
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]
Q6) The multiplication factor to increase by 30% is? [ x 1.3]
Q6) 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]
Q6) Steven invests £800 in bonds for 11 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)£1264.34 b)£2064.34]
Q7) The multiplication factor to increase by 5% is? [ x 1.05]
Q7) 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]
Q7) Alex invests £2000 in bonds for 8 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)£3705.17 b)£5705.17]
Q8) The multiplication factor to decrease by 5% is? [ x 0.95]
Q8) 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]
Q8) Anna invests £7000 in bonds for 12 years at a compound interest rate of 4%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£4207.23 b)£11207.23]
Q9) The multiplication factor to increase by 45% is? [ x 1.45]
Q9) 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]
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]
Q10) The multiplication factor to increase by 15% is? [ x 1.15]
Q10) Steven places £106 in a bank for 8 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£8.48 b)£114.48]
Q10) Hassan invests £8000 in bonds for 11 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)£1946.99 b)£9946.99]