Q1) The multiplication factor to increase by 35% is? [ x 1.35]
Q1) Harley places £472 in a bank for 15 years at 3% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£212.40 b)£684.40]
Q1) Hammid invests £7000 in bonds for 15 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)£18497.38 b)£25497.38]
Q2) The multiplication factor to increase by 10% is? [ x 1.1]
Q2) Eva places £101 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)£33.33 b)£134.33]
Q2) Luke invests £5000 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)£13987.49 b)£18987.49]
Q3) The multiplication factor to increase by 25% is? [ x 1.25]
Q3) Eva places £456 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)£45.60 b)£501.60]
Q3) Teagan invests £1000 in bonds for 10 years at a compound interest rate of 6%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£790.85 b)£1790.85]
Q4) The multiplication factor to decrease by 20% is? [ x 0.8]
Q4) Nathan places £318 in a bank for 10 years at 7% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£222.60 b)£540.60]
Q4) Kyra invests £2000 in bonds for 14 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)£298.95 b)£2298.95]
Q5) The multiplication factor to decrease by 5% is? [ x 0.95]
Q5) Teagan places £817 in a bank for 2 years at 8% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£130.72 b)£947.72]
Q5) Jenson invests £8000 in bonds for 6 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)£5416.8 b)£13416.80]
Q6) The multiplication factor to increase by 5% is? [ x 1.05]
Q6) Jaden places £590 in a bank for 10 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£59.00 b)£649.00]
Q6) Jennine invests £3000 in bonds for 2 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)£121.2 b)£3121.20]
Q7) The multiplication factor to decrease by 30% is? [ x 0.7]
Q7) Hassan places £876 in a bank for 11 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£96.36 b)£972.36]
Q7) Julie invests £7000 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)£7533.12 b)£14533.12]
Q8) The multiplication factor to decrease by 15% is? [ x 0.85]
Q8) Alfie places £751 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)£105.14 b)£856.14]
Q8) Joseph invests £3000 in bonds for 6 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)£378.49 b)£3378.49]
Q9) The multiplication factor to increase by 15% is? [ x 1.15]
Q9) Julie places £159 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)£15.90 b)£174.90]
Q9) Eva invests £1000 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)£1852.59 b)£2852.59]
Q10) The multiplication factor to decrease by 10% is? [ x 0.9]
Q10) Jennine places £867 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)£667.59 b)£1534.59]
Q10) Harley invests £3000 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)£675.13 b)£3675.13]