Compound & Simple Interest
Question 1:
Increase £1400 by 7% over 10 years using simple interest.
£2380
Question 2:
Increase £1700 by 31% over 3 years using simple interest.
£3281
Question 3:
Decrease £3600 by 10% over 6 years using simple interest.
£1440
Question 4:
Increase £3000 by 20% over 5 years using compound interest.
£7464.96
