Compound & Simple Interest
Question 1:
Decrease £2600 by 18% over 7 years using compound interest.
£648.14
Question 2:
Decrease £2500 by 27% over 7 years using compound interest.
£276.18
Question 3:
Decrease £2200 by 10% over 6 years using simple interest.
£880
Question 4:
Decrease £4000 by 7% over 8 years using simple interest.
£1760
