Q1) The multiplication factor to decrease by 50% is? [ x 0.5]
Q1) Kyra places £336 in a bank for 2 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£6.72 b)£342.72]
Q1) Prabjot invests £9000 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)£9685.44 b)£18685.44]
Q2) The multiplication factor to decrease by 30% is? [ x 0.7]
Q2) Jennine places £338 in a bank for 15 years at 8% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£405.60 b)£743.60]
Q2) Teagan invests £300 in bonds for 4 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)£64.65 b)£364.65]
Q3) The multiplication factor to decrease by 35% is? [ x 0.65]
Q3) Lumaya places £678 in a bank for 7 years at 5% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£237.30 b)£915.30]
Q3) Hammid invests £6000 in bonds for 12 years at a compound interest rate of 13%. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£20007.14 b)£26007.14]
Q4) The multiplication factor to increase by 30% is? [ x 1.3]
Q4) Harley places £763 in a bank for 15 years at 7% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£801.15 b)£1564.15]
Q4) Alex invests £5000 in bonds for 11 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)£2697.27 b)£7697.27]
Q5) The multiplication factor to decrease by 45% is? [ x 0.55]
Q5) Jaden places £798 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)£351.12 b)£1149.12]
Q5) Teagan 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]
Q6) The multiplication factor to decrease by 15% is? [ x 0.85]
Q6) Kyra places £736 in a bank for 15 years at 1% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£110.40 b)£846.40]
Q6) Joseph invests £4000 in bonds for 2 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)£1290 b)£5290.00]
Q7) The multiplication factor to increase by 40% is? [ x 1.4]
Q7) Alex places £434 in a bank for 10 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£173.60 b)£607.60]
Q7) Nathan invests £3000 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)£472.88 b)£3472.88]
Q8) The multiplication factor to increase by 35% is? [ x 1.35]
Q8) Anna places £718 in a bank for 8 years at 4% simple interest. Calculate (a) the interest accrued and (b) the amount in the bank at the end of the period. [ a)£229.76 b)£947.76]
Q8) Julie invests £9000 in bonds for 5 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)£6861.08 b)£15861.08]
Q9) The multiplication factor to decrease by 20% is? [ x 0.8]
Q9) Harley places £729 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)£153.09 b)£882.09]
Q9) Alfie invests £8000 in bonds for 5 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)£8090.86 b)£16090.86]
Q10) The multiplication factor to decrease by 10% is? [ x 0.9]
Q10) Julie places £719 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)£474.54 b)£1193.54]
Q10) Eva invests £6000 in bonds for 13 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)£8459.07 b)£14459.07]