Tanya puts £750 into his savings account. The account earns 5% simple interest per annum. How much will she have after 4 years in her savings?, £90, £300, £900, £1000, Connor invests £1500 of his money for 2 years at a simple interest rate of 10%. How much money will he get back in interest?, £30, £300, £315, £165, Sarah borrows £500 for 2 years at a rate of 15% to buy a laptop. Calculate the simple interest she will pay on this loan., £150, £650, £1150, £15, Ahmed takes out a personal loan of £1200 with a simple interest rate of 20% for 3 years. How much is the total cost of the loan after 3 years?, £1760, £1920, £1376, £1500, Gameel takes out a loan to buy a car. He take out £5000 for 5 years with a simple interest rate of 10% How much interest will he pay?, £10,000, £400, £5000, £4000, Paul leaves £4000 in the bank for two years. It earns compound interest of 5% per year. What is the total amount Paul has in the bank at the end of the two years?, 4000, 4410, 5500, 4200, Sam invests £1800 in the bank for four years. It earns compound interest of 4% each year. How much does Sam have in his account at the end of the four years., 2000, 288, 2200, 2105.75, Carrie invests £800 for 4 years at 3% compound interest per year. How much interest does she earn?, 100.40, 100.90, 96.00, 125.00, A house was bought for £100,000. Its value appreciates by 7.5% each year for the first three years. What was its value at the end of the three years?, 120,000, 121,220.50, 124,229.69, 130,000, The height of a tree increases by 60% every year. When planted the tree was 40cm tall. How tall will the tree be in 5 years?, 419.43 cm, 419.5 cm, 321.7 cm, 512.3 cm.

Simple Interest

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