Compound & Simple Interest
Question 1:
Decrease £3000 by 8% over 9 years using simple interest.
£840
Question 2:
Decrease £5000 by 9% over 6 years using simple interest.
£2300
Question 3:
Decrease £2700 by 11% over 4 years using simple interest.
£1512
Question 4:
Decrease £1800 by 32% over 5 years using compound interest.
£261.71