Compound & Simple Interest
Question 1:
Decrease £3100 by 22% over 7 years using compound interest.
£544.53
Question 2:
Decrease £500 by 22% over 10 years using compound interest.
£41.68
Question 3:
Decrease £1500 by 5% over 10 years using simple interest.
£750
Question 4:
Increase £3800 by 9% over 6 years using compound interest.
£6372.98
