The personal allowance is up to £12,570 a year. Louise will pay income tax as she earns £10.25 an hour and works 27.5 hours a week for 47 weeks per year.
Question 2
2.
How much of Louise's earnings will she pay tax on? (Round to two decimal places)
Required
2
Question 3
3.
How much income tax will Elsie need to pay?
Required
2
Question 4
4.
Complete the payslip.
Required
1
Question 5
5.
Work out the total interest.
Required
1
Question 6
6.
How much will the investor receive back?
Required
1
Question 7
7.
What is the total interest at the end of 3 years?
Required
2
Question 8
8.
Which bank should he choose? Why?
Required
1
Question 9
9.
What is the difference between the amount of interest earned at each bank?
Question 10
10.
Which calculation would calculate the value of a £3000 investment after 4 years of compound interest at 3%?
Required
2
Question 11
11.
How much will be in the bank at the end of two years?
Required
2
Question 12
12.
How much will be in the bank? (Round to two decimal places)
Required
2
Question 13
13.
How many years will it take for 500kg of the substance to decay to a mass less than 200kg?
Required
1
Question 14
14.
What will the mass be after the number of years you identified? (Round to the nearest whole numer)
