Compound & Simple Interest
Question 1:
Decrease £2000 by 11% over 8 years using simple interest.
£240
Question 2:
Decrease £3600 by 24% over 10 years using compound interest.
£231.44
Question 3:
Decrease £3300 by 34% over 9 years using compound interest.
£78.42
Question 4:
Decrease £2900 by 30% over 3 years using compound interest.
£994.7