Compound & Simple Interest
Question 1:
Decrease £1400 by 9% over 4 years using simple interest.
£896
Question 2:
Decrease £4600 by 42% over 7 years using compound interest.
£101.57
Question 3:
Decrease £1300 by 6% over 8 years using simple interest.
£676
Question 4:
Decrease £700 by 10% over 5 years using simple interest.
£350