SRO Interest
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Last updated almost 5 years ago
23 questions
1
Fast 5 - Question 1
Fast 5 - Question 1
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Fast five - Question 2
Fast five - Question 2
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Fast five - Question 3
Fast five - Question 3
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Fast 5 - Question 4
Fast 5 - Question 4
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Fast 5 - Question 5
Fast 5 - Question 5
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Paul leaves £4000 in the bank for two years. It earns compound interest of 5% per year. Calculate the total amount Paul has in the bank at the end of the two years.
Paul leaves £4000 in the bank for two years. It earns compound interest of 5% per year. Calculate the total amount Paul has in the bank at the end of the two years.
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The value of a car decreases by 5% each year. Sophie bought a car two years ago for £10000 Work out the value now.
The value of a car decreases by 5% each year. Sophie bought a car two years ago for £10000 Work out the value now.
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A full water tank holds 500 litres. The tank begins to leak water and is losing 14% of its contents every hour. Find how much water is left in the tank after 8 hours.
A full water tank holds 500 litres. The tank begins to leak water and is losing 14% of its contents every hour. Find how much water is left in the tank after 8 hours.
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Carrie invests £800 for 4 years at 3% interest per year. How much interest does she earn?
Carrie invests £800 for 4 years at 3% interest per year. How much interest does she earn?
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A car was bought for £20,000. Its value depreciates by 31% each year for the Nirst four years. What is its values at the end of the four years?
A car was bought for £20,000. Its value depreciates by 31% each year for the Nirst four years. What is its values at the end of the four years?
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A tree is 80cm when planted. Each year the height of the tree increases by 22%. After how many complete years will the height of tree be at least 3m?
A tree is 80cm when planted. Each year the height of the tree increases by 22%. After how many complete years will the height of tree be at least 3m?
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The number of polar bears in a region is decreasing by 5% per year. There are 3000 polar bears in the region in 2017. What year will be the first year with less than 1000 polar bears in the region?
The number of polar bears in a region is decreasing by 5% per year. There are 3000 polar bears in the region in 2017. What year will be the first year with less than 1000 polar bears in the region?
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Michael has started working for a company on a salary of £15000. Each year he will be given a 6% pay rise. How many years will it take for Michael’s salary to exceed £30000?
Michael has started working for a company on a salary of £15000. Each year he will be given a 6% pay rise. How many years will it take for Michael’s salary to exceed £30000?
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The value of a car decreases by 7.2% each year. When bought the car cost £6200. How many years will it take the car to have a value less than £1000?
The value of a car decreases by 7.2% each year. When bought the car cost £6200. How many years will it take the car to have a value less than £1000?
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Florence invests £200 for two years at 5% compound interest, paid yearly. Liam says that the interest that Florence will receive will be £20. Is Liam right? Explain your answer with workings
Florence invests £200 for two years at 5% compound interest, paid yearly. Liam says that the interest that Florence will receive will be £20. Is Liam right? Explain your answer with workings
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The value of a motorcycle was £14000 on 1st April 2014. Every three months the value of the motorcycle decreases by 2% of its value at the start of that three months. What was the value of the motorcycle on 1st April 2016?
The value of a motorcycle was £14000 on 1st April 2014. Every three months the value of the motorcycle decreases by 2% of its value at the start of that three months. What was the value of the motorcycle on 1st April 2016?
1
When a ball is dropped, it bounces and then rises. The ball rises to 90% of the height from which it is dropped. The ball is dropped from a height of 4m. Calculate the height of the rise after the first bounce.
When a ball is dropped, it bounces and then rises. The ball rises to 90% of the height from which it is dropped. The ball is dropped from a height of 4m. Calculate the height of the rise after the first bounce.
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When a ball is dropped, it bounces and then rises. The ball rises to 90% of the height from which it is dropped. The ball is dropped from a height of 4m. (a) Calculate the height of the rise after the second bounce.
When a ball is dropped, it bounces and then rises. The ball rises to 90% of the height from which it is dropped. The ball is dropped from a height of 4m. (a) Calculate the height of the rise after the second bounce.
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When a ball is dropped, it bounces and then rises. The ball rises to 90% of the height from which it is dropped. The ball is dropped from a height of 4m. (c) For how many bounces does it rise to height greater than 1m?
When a ball is dropped, it bounces and then rises. The ball rises to 90% of the height from which it is dropped. The ball is dropped from a height of 4m. (c) For how many bounces does it rise to height greater than 1m?
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The population of a country is increasing by 5% a year. How many years will it take the population of the country to double?
The population of a country is increasing by 5% a year. How many years will it take the population of the country to double?
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Raheem and Ben invest money in 2010. Raheem invests £1000 at Banks’R’us, who pay 3% interest per year. Ben invests £1400 at Bank World, who pay 1% interest per year In which year will Raheem’s investment be worth more than Ben’s?
Raheem and Ben invest money in 2010. Raheem invests £1000 at Banks’R’us, who pay 3% interest per year. Ben invests £1400 at Bank World, who pay 1% interest per year In which year will Raheem’s investment be worth more than Ben’s?
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The population of a country increases by x% each year. In 2014 the population of the country was 24,000,000. Three years later, the population was 26,996,736. Find x.
The population of a country increases by x% each year. In 2014 the population of the country was 24,000,000. Three years later, the population was 26,996,736. Find x.
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Charlotte invests £5000. The bank pays 10% interest for the first year and then y% every year after that. After three years, Charlotte has £5610.55 Calculate y.
Charlotte invests £5000. The bank pays 10% interest for the first year and then y% every year after that. After three years, Charlotte has £5610.55 Calculate y.