Q1) Hassan places £386 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)£81.06 b)£467.06]

Q1) Sharney invests £5000 in bonds for 15 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)£30689.69 b)£35689.69]

Q1) Jonathan buys a minibus for £7904 and is kept for 8 years. It depreciates at rate of 9% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. [ a)£4187.12 b)£3716.88]

Q2) Hammid places £249 in a bank for 11 years at 3% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£82.17 b)£331.17]

Q2) McKenzie invests £8000 in bonds for 8 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)£1373.28 b)£9373.28]

Q2) McKenzie buys a motorbike for £147 and is kept for 10 years. It depreciates at rate of 15% per year. Calculate (a) money the motorbike loses and (b) the value of the motorbike at the end. [ a)£118.06 b)£28.94]

Q3) Brady places £994 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)£119.28 b)£1113.28]

Q3) Hammid invests £3000 in bonds for 15 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)£3236.78 b)£6236.78]

Q3) Prabjot buys a minibus for £7702 and is kept for 13 years. It depreciates at rate of 7% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. [ a)£4703.65 b)£2998.35]

Q4) Brady places £861 in a bank for 11 years at 3% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£284.13 b)£1145.13]

Q4) Sam invests £5000 in bonds for 15 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)£22367.83 b)£27367.83]

Q4) Luke buys a minibus for £9753 and is kept for 7 years. It depreciates at rate of 3% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. [ a)£1872.74 b)£7880.26]

Q5) Brady places £57 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)£41.04 b)£98.04]

Q5) Eva invests £2000 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)£1897.43 b)£3897.43]

Q5) Prabjot buys a racing bicycle for £3763 and is kept for 9 years. It depreciates at rate of 13% per year. Calculate (a) money the racing bicycle loses and (b) the value of the racing bicycle at the end. [ a)£2688.5 b)£1074.50]

Q6) Lumaya places £956 in a bank for 4 years at 6% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£229.44 b)£1185.44]

Q6) Teagan invests £9000 in bonds for 8 years at a compound interest rate of 8%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£7658.37 b)£16658.37]

Q6) Jaden buys a car for £2655 and is kept for 3 years. It depreciates at rate of 6% per year. Calculate (a) money the car loses and (b) the value of the car at the end. [ a)£449.8 b)£2205.20]

Q7) McKenzie places £96 in a bank for 14 years at 3% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£40.32 b)£136.32]

Q7) Alex invests £8000 in bonds for 3 years at a compound interest rate of 7%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£1800.34 b)£9800.34]

Q7) Teagan buys a car for £854 and is kept for 2 years. It depreciates at rate of 15% per year. Calculate (a) money the car loses and (b) the value of the car at the end. [ a)£236.98 b)£617.02]

Q8) Sharney places £44 in a bank for 14 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£6.16 b)£50.16]

Q8) Jonathan invests £2000 in bonds for 9 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)£3116.07 b)£5116.07]

Q8) Joseph buys a racing bicycle for £2928 and is kept for 4 years. It depreciates at rate of 6% per year. Calculate (a) money the racing bicycle loses and (b) the value of the racing bicycle at the end. [ a)£641.97 b)£2286.03]

Q9) Alfie places £335 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)£281.40 b)£616.40]

Q9) Steven invests £3000 in bonds for 8 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)£514.98 b)£3514.98]

Q9) Brady buys a minibus for £2090 and is kept for 9 years. It depreciates at rate of 7% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. [ a)£1002.34 b)£1087.66]

Q10) Hammid places £116 in a bank for 7 years at 3% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£24.36 b)£140.36]

Q10) Alfie invests £4000 in bonds for 2 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)£80.4 b)£4080.40]

Q10) Jenson buys a minibus for £12 and is kept for 6 years. It depreciates at rate of 12% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. [ a)£6.43 b)£5.57]