Compound & Simple Interest

Question 1:

Increase £1700 by 7% over 8 years using compound interest.

£2920.92

Question 2:

Decrease £700 by 10% over 5 years using simple interest.

£350

Question 3:

Decrease £2100 by 39% over 5 years using compound interest.

£177.37

Question 4:

Decrease £1900 by 38% over 4 years using compound interest.

£280.75