Compound & Simple Interest
Question 1:
Increase £1200 by 17% over 5 years using compound interest.
£2630.94
Question 2:
Increase £4400 by 23% over 3 years using compound interest.
£8187.81
Question 3:
Increase £3000 by 37% over 6 years using compound interest.
£19835.57
Question 4:
Decrease £2900 by 13% over 7 years using compound interest.
£1094.04