Q1) Anna places £922 in a bank for 14 years at 7% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£903.56 b)£1825.56]

Q1) Hammid invests £3000 in bonds for 7 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)£1221.3 b)£4221.30]

Q1) Sabrina buys a van for £499 and is kept for 14 years. It depreciates at rate of 8% per year. Calculate (a) money the van loses and (b) the value of the van at the end. [ a)£343.71 b)£155.29]

Q2) Jenson places £482 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)£231.36 b)£713.36]

Q2) Jonathan invests £4000 in bonds for 8 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)£2375.39 b)£6375.39]

Q2) Jaden buys a racing bicycle for £6420 and is kept for 5 years. It depreciates at rate of 4% per year. Calculate (a) money the racing bicycle loses and (b) the value of the racing bicycle at the end. [ a)£1185.31 b)£5234.69]

Q3) Prabjot places £525 in a bank for 11 years at 5% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£288.75 b)£813.75]

Q3) Jennine invests £7000 in bonds for 10 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)£732.35 b)£7732.35]

Q3) Kyra buys a car for £248 and is kept for 12 years. It depreciates at rate of 1% per year. Calculate (a) money the car loses and (b) the value of the car at the end. [ a)£28.18 b)£219.82]

Q4) Jonathan places £871 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)£34.84 b)£905.84]

Q4) Hassan invests £2000 in bonds for 3 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)£60.6 b)£2060.60]

Q4) Prabjot buys a car for £7679 and is kept for 2 years. It depreciates at rate of 2% per year. Calculate (a) money the car loses and (b) the value of the car at the end. [ a)£304.09 b)£7374.91]

Q5) Brady places £792 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)£213.84 b)£1005.84]

Q5) Hassan invests £2000 in bonds for 5 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)£805.1 b)£2805.10]

Q5) Alex buys a van for £586 and is kept for 15 years. It depreciates at rate of 7% per year. Calculate (a) money the van loses and (b) the value of the van at the end. [ a)£388.69 b)£197.31]

Q6) Jennine places £413 in a bank for 12 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£446.04 b)£859.04]

Q6) Hammid invests £1000 in bonds for 6 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)£418.52 b)£1418.52]

Q6) Harley buys a motorbike for £4659 and is kept for 9 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)£3579.9 b)£1079.10]

Q7) Julie places £949 in a bank for 5 years at 8% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£379.60 b)£1328.60]

Q7) Jenson invests £8000 in bonds for 10 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)£9271.4 b)£17271.40]

Q7) Monique buys a van for £612 and is kept for 3 years. It depreciates at rate of 13% per year. Calculate (a) money the van loses and (b) the value of the van at the end. [ a)£209 b)£403.00]

Q8) Anna places £72 in a bank for 6 years at 9% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£38.88 b)£110.88]

Q8) McKenzie invests £1000 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)£4473.57 b)£5473.57]

Q8) Eva buys a racing bicycle for £2732 and is kept for 7 years. It depreciates at rate of 5% per year. Calculate (a) money the racing bicycle loses and (b) the value of the racing bicycle at the end. [ a)£824.14 b)£1907.86]

Q9) Logun places £566 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)£101.88 b)£667.88]

Q9) Lumaya invests £3000 in bonds for 13 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)£3398.78 b)£6398.78]

Q9) Prabjot buys a car for £4049 and is kept for 15 years. It depreciates at rate of 1% per year. Calculate (a) money the car loses and (b) the value of the car at the end. [ a)£566.62 b)£3482.38]

Q10) Sharney places £266 in a bank for 14 years at 2% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£74.48 b)£340.48]

Q10) Sam invests £4000 in bonds for 6 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)£3895.29 b)£7895.29]

Q10) Jonathan buys a car for £9314 and is kept for 10 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)£7480.31 b)£1833.69]