Q1) Jenson places £686 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. [ a)£82.32 b)£768.32]

Q1) Monique invests £300 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)£18.36 b)£318.36]

Q1) Nathan buys a car for £5596 and is kept for 3 years. It depreciates at rate of 3% per year. Calculate (a) money the car loses and (b) the value of the car at the end. [ a)£488.68 b)£5107.32]

Q2) Lumaya places £199 in a bank for 9 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£71.64 b)£270.64]

Q2) Joseph invests £8000 in bonds for 14 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)£48605.65 b)£56605.65]

Q2) Sabrina buys a van for £1102 and is kept for 2 years. It depreciates at rate of 3% per year. Calculate (a) money the van loses and (b) the value of the van at the end. [ a)£65.13 b)£1036.87]

Q3) Ariel places £93 in a bank for 15 years at 2% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£27.90 b)£120.90]

Q3) Jenson invests £3000 in bonds for 4 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)£247.3 b)£3247.30]

Q3) Jenson buys a minibus for £9118 and is kept for 2 years. It depreciates at rate of 11% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. [ a)£1895.63 b)£7222.37]

Q4) Kyra places £467 in a bank for 9 years at 10% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£420.30 b)£887.30]

Q4) Jennine invests £8000 in bonds for 8 years at a compound interest rate of 5%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£3819.64 b)£11819.64]

Q4) Jennine buys a motorbike for £4838 and is kept for 9 years. It depreciates at rate of 13% per year. Calculate (a) money the motorbike loses and (b) the value of the motorbike at the end. [ a)£3456.54 b)£1381.46]

Q5) Lumaya places £856 in a bank for 2 years at 5% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£85.60 b)£941.60]

Q5) Ariel invests £8000 in bonds for 4 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)£3292.65 b)£11292.65]

Q5) Prabjot buys a motorbike for £3640 and is kept for 9 years. It depreciates at rate of 14% per year. Calculate (a) money the motorbike loses and (b) the value of the motorbike at the end. [ a)£2703.33 b)£936.67]

Q6) Alex places £112 in a bank for 8 years at 2% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£17.92 b)£129.92]

Q6) Logun invests £3000 in bonds for 12 years at a compound interest rate of 5%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£2387.57 b)£5387.57]

Q6) Lumaya buys a racing bicycle for £4408 and is kept for 13 years. It depreciates at rate of 14% per year. Calculate (a) money the racing bicycle loses and (b) the value of the racing bicycle at the end. [ a)£3787.53 b)£620.47]

Q7) Lumaya places £102 in a bank for 4 years at 3% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£12.24 b)£114.24]

Q7) Jenson invests £2000 in bonds for 7 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)£2152.32 b)£4152.32]

Q7) Julie buys a motorbike for £5578 and is kept for 10 years. It depreciates at rate of 8% per year. Calculate (a) money the motorbike loses and (b) the value of the motorbike at the end. [ a)£3154.98 b)£2423.02]

Q8) Luke places £239 in a bank for 3 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£64.53 b)£303.53]

Q8) Sabrina invests £9000 in bonds for 4 years at a compound interest rate of 1%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£365.44 b)£9365.44]

Q8) Alfie buys a motorbike for £7155 and is kept for 14 years. It depreciates at rate of 7% per year. Calculate (a) money the motorbike loses and (b) the value of the motorbike at the end. [ a)£4564.58 b)£2590.42]

Q9) Alfie places £604 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. [ a)£126.84 b)£730.84]

Q9) Joseph invests £500 in bonds for 4 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)£62.75 b)£562.75]

Q9) Jenson buys a minibus for £2140 and is kept for 4 years. It depreciates at rate of 4% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. [ a)£322.4 b)£1817.60]

Q10) Jonathan places £630 in a bank for 12 years at 7% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£529.20 b)£1159.20]

Q10) Joseph invests £10000 in bonds for 5 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)£7623.42 b)£17623.42]

Q10) Ariel buys a car for £147 and is kept for 5 years. It depreciates at rate of 8% per year. Calculate (a) money the car loses and (b) the value of the car at the end. [ a)£50.12 b)£96.88]