Compound & Simple Interest
Question 1:
Decrease £700 by 50% over 3 years using compound interest.
£87.5
Question 2:
Decrease £3600 by 8% over 6 years using simple interest.
£1872
Question 3:
Decrease £2900 by 10% over 6 years using simple interest.
£1160
Question 4:
Increase £4600 by 9% over 5 years using simple interest.
£6670