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