Compound & Simple Interest
Question 1:
Decrease £2800 by 7% over 4 years using simple interest.
£2016
Question 2:
Decrease £3400 by 28% over 4 years using compound interest.
£913.71
Question 3:
Increase £2900 by 34% over 10 years using compound interest.
£54130.99
Question 4:
Increase £800 by 16% over 4 years using simple interest.
£1312