Compound & Simple Interest
Question 1:
Decrease £1300 by 8% over 10 years using compound interest.
£564.7
Question 2:
Increase £3500 by 41% over 10 years using compound interest.
£108707.42
Question 3:
Decrease £2300 by 15% over 3 years using simple interest.
£1265
Question 4:
Increase £4700 by 39% over 6 years using compound interest.
£33898.98