Q1) The multiplication factor to increase by 50% is? [ x 1.5]
Q1) Lumaya places £392 in a bank for 9 years at 2% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£70.56 b)£462.56]
Q1) Sharney invests £4000 in bonds for 9 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)£9007.79 b)£13007.79]
Q2) The multiplication factor to decrease by 15% is? [ x 0.85]
Q2) Luke places £139 in a bank for 4 years at 10% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£55.60 b)£194.60]
Q2) Jennine invests £6000 in bonds for 3 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)£556.36 b)£6556.36]
Q3) The multiplication factor to increase by 45% is? [ x 1.45]
Q3) Brady places £508 in a bank for 11 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£223.52 b)£731.52]
Q3) McKenzie invests £1000 in bonds for 8 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)£1143.59 b)£2143.59]
Q4) The multiplication factor to decrease by 40% is? [ x 0.6]
Q4) Brady places £557 in a bank for 13 years at 2% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£144.82 b)£701.82]
Q4) Ariel invests £6000 in bonds for 2 years at a compound interest rate of 4%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£489.6 b)£6489.60]
Q5) The multiplication factor to decrease by 35% is? [ x 0.65]
Q5) Alex places £981 in a bank for 2 years at 10% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£196.20 b)£1177.20]
Q5) Steven invests £10000 in bonds for 5 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)£1592.74 b)£11592.74]
Q6) The multiplication factor to decrease by 25% is? [ x 0.75]
Q6) Prabjot places £437 in a bank for 6 years at 8% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£209.76 b)£646.76]
Q6) Monique invests £3000 in bonds for 14 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)£5811.58 b)£8811.58]
Q7) The multiplication factor to decrease by 10% is? [ x 0.9]
Q7) Harley places £762 in a bank for 11 years at 6% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£502.92 b)£1264.92]
Q7) Joseph invests £400 in bonds for 5 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)£63.71 b)£463.71]
Q8) The multiplication factor to increase by 25% is? [ x 1.25]
Q8) Hassan places £640 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)£576.00 b)£1216.00]
Q8) McKenzie invests £8000 in bonds for 5 years at a compound interest rate of 4%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£1733.22 b)£9733.22]
Q9) The multiplication factor to decrease by 5% is? [ x 0.95]
Q9) Nathan places £414 in a bank for 4 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£66.24 b)£480.24]
Q9) Hassan invests £6000 in bonds for 13 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)£1761.64 b)£7761.64]
Q10) The multiplication factor to decrease by 45% is? [ x 0.55]
Q10) Ariel places £59 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)£26.55 b)£85.55]
Q10) Teagan invests £9000 in bonds for 9 years at a compound interest rate of 4%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£3809.81 b)£12809.81]