Q1. Use the formula for compound interest/compound growth to calculate the interest earned in the following investments:



  • £400 invested for two years at an annual rate of 5%


  • £750 invested for five years at a rate of 3%


  • £50 for seven years invested at an annual rate of 5.5%


  • £25 for twelve years invested at an annual rate of 6%



Go To >> Solutions <<

Back To >> Compound Interest and Decay <<