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Compound Interest

All answers to 2.D.P. No £ Needed in answers.
Quiz by Szme
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Last updated: March 1, 2023
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First submittedMarch 1, 2023
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Answer
Harry has £210 in his bank. He gets 5.3% Compound interest a year.
How much money will Harry have after 14 years?
432.73
Derik has £10 in his bank. He gets 12.3% Compound interest a year.
How much money will Derik have after 2 years?
12.61
Edward has £2210 in his bank. He gets 2% interest.
How many years will it take Edward to reach £4164.83?
32
Timmy has £589.44 in his bank after 10 years. He has a Compound interest of 2.6%.
How much money did Timmy start with?
456
Jasmine has a Compound interest of 14%.
After how many years will Jasmine have Doubled her investment?
6
Sarah has £100000 in her bank. She gets a compound interest of 15%.
How much money will Sarah have in 12 years?
535025.01
Zach has £1000 in his bank. He gets 0.01% Compound interest a year.
How much interest will Zach have made after 100 years?
10.05
Jack has £23 in his bank. He gets 50% Compound interest a year.
How many years until Jack Triples his investment?
3
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