Q1) Prabjot places £534 in a bank for 14 years at 6% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£448.56 b)£982.56]

Q1) Alex invests £8000 in bonds for 11 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)£3073.87 b)£11073.87]

Q1) Eva buys a van for £3076 and is kept for 6 years. It depreciates at rate of 4% per year. Calculate (a) money the van loses and (b) the value of the van at the end. [ a)£668.24 b)£2407.76]

Q2) Brady places £809 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)£218.43 b)£1027.43]

Q2) Logun invests £5000 in bonds for 8 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)£1333.85 b)£6333.85]

Q2) Prabjot buys a minibus for £3003 and is kept for 5 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)£1129.03 b)£1873.97]

Q3) Hammid places £304 in a bank for 5 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£136.80 b)£440.80]

Q3) Ariel invests £4000 in bonds for 8 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)£331.43 b)£4331.43]

Q3) Sam buys a minibus for £2815 and is kept for 10 years. It depreciates at rate of 2% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. [ a)£514.94 b)£2300.06]

Q4) Sharney places £715 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)£193.05 b)£908.05]

Q4) Ariel invests £5000 in bonds for 7 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)£6053.41 b)£11053.41]

Q4) Sam buys a car for £7370 and is kept for 7 years. It depreciates at rate of 5% per year. Calculate (a) money the car loses and (b) the value of the car at the end. [ a)£2223.25 b)£5146.75]

Q5) Anna places £678 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)£610.20 b)£1288.20]

Q5) Jennine invests £500 in bonds for 6 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)£170.05 b)£670.05]

Q5) Jennine buys a car for £2704 and is kept for 7 years. It depreciates at rate of 10% per year. Calculate (a) money the car loses and (b) the value of the car at the end. [ a)£1410.69 b)£1293.31]

Q6) Harley places £14 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. [ a)£6.30 b)£20.30]

Q6) Jaden invests £1000 in bonds for 5 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)£685.06 b)£1685.06]

Q6) Joseph buys a minibus for £7733 and is kept for 13 years. It depreciates at rate of 10% per year. Calculate (a) money the minibus loses and (b) the value of the minibus at the end. [ a)£5767.38 b)£1965.62]

Q7) Lumaya places £315 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)£50.40 b)£365.40]

Q7) Joseph invests £2000 in bonds for 4 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)£1498.01 b)£3498.01]

Q7) Jonathan buys a car for £8323 and is kept for 12 years. It depreciates at rate of 13% per year. Calculate (a) money the car loses and (b) the value of the car at the end. [ a)£6758.01 b)£1564.99]

Q8) Kyra places £135 in a bank for 9 years at 6% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£72.90 b)£207.90]

Q8) Joseph invests £40 in bonds for 14 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)£111.9 b)£151.90]

Q8) Jennine buys a racing bicycle for £221 and is kept for 4 years. It depreciates at rate of 3% per year. Calculate (a) money the racing bicycle loses and (b) the value of the racing bicycle at the end. [ a)£25.35 b)£195.65]

Q9) Sam places £818 in a bank for 7 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£515.34 b)£1333.34]

Q9) Teagan invests £4000 in bonds for 7 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)£6640.08 b)£10640.08]

Q9) Monique buys a van for £9098 and is kept for 12 years. It depreciates at rate of 14% per year. Calculate (a) money the van loses and (b) the value of the van at the end. [ a)£7608.89 b)£1489.11]

Q10) Anna places £96 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)£34.56 b)£130.56]

Q10) McKenzie invests £9000 in bonds for 3 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)£1418.63 b)£10418.63]

Q10) Prabjot buys a van for £8219 and is kept for 14 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)£2853.34 b)£5365.66]