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Nov 1, 2021 · Simple Interest Practice Questions – Corbettmaths. Welcome. Videos and Worksheets. Primary. 5-a-day.
Jonah invests £400 in a bank account that pays 3.5% simple interest per year. At the end of each year Jonah spends — of the interest and gives the rest to his brother.
14. Laura invests £2400 in' an account that pays 1.2% simple interest per annum. She invests the money for 5 years. At the end of each year Laura gives the interest to her two sisters, Hannah and Freya in the ratio 3:7.
Questions and model answers on Simple & Compound Interest, Growth & Decay for the Edexcel GCSE Maths syllabus, written by the Maths experts at Save My Exams.
Questions and model answers on Simple & Compound Interest for the CIE IGCSE Maths: Core syllabus, written by the Maths experts at Save My Exams.
Mar 15, 2023 · What is simple interest? Interest is extra money added every year (or month) to an original amount of money. Simple interest is interest that is the same amount each time. It can be good: for example, putting £100 into a bank account and the bank rewarding you with simple interest of 10% every year.
Mar 10, 2019 · Some questions and worked solutions on the topic of Simple Interest. Originally mapped to WA Judging Standards. Includes questions at C level (extracts relevant information from a simple word problem and calculates simple interest earned over t-years, where t is a whole number), B level (extracts relevant information from a word problem and ...
