Compound & Simple Interest
Question 1:
Increase £3200 by 12% over 4 years using compound interest.
£5035.26
Question 2:
Increase £4100 by 38% over 3 years using compound interest.
£10775.1
Question 3:
Increase £1500 by 15% over 4 years using compound interest.
£2623.51
Question 4:
Increase £2900 by 45% over 10 years using compound interest.
£119145.6
