Printable worksheet · 4 of 4

The same starting amount each year - Paper 4

Read the information, then answer the questions. An adult may read the instructions aloud. Show your working where asked.

Read before answering

An invented account starts with £750.00 and pays SIMPLE interest at 2% per year for 3 years. Each year's interest uses the ORIGINAL amount. There are no fees, extra deposits or withdrawals. Interest = principal x rate/100 x years; total = principal + interest. This is a mathematical model, not a financial offer.

Worksheet preview

This exercise is included in the paid course. Full-course fee: GBP 200.00 once. Register and enrol to complete all course exercises and download the course PDFs. Access begins after payment is confirmed.

Already registered? Sign in