23/24 EHE L21 Yr 11 - Simple & Compound interest

While you wait: Try to answer these questions. Take the time to word your explanations fully.

Lina went to America last year. She exchanged £400 and got $535. Explain why she might not get the same amount of dollars if she went this year.

Richard worked out he needs 11.2 skirting boards to fit around a new kitchen. He says this will round down to 11. Explain why he is wrong.

Lesson 21 - Simple & COmpound interest

1. Probability of rolling a Prime on a dice?2. How many lines of symmetry does a square have? 3. A square has an area of 36cm2, what is its side length? 4. Simplify 5. Third square number - fourth prime number 6. List the factors of 42 7. Chance of winning 0.3, drawing 0.1, losing ____? 8. What is 0.6 as a percentage?

Challenge

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Quizizz

Tom has invested £3000 in a bank account for 5 years. The bank has a simple interest rate of 3% per annum. How much will be in the account at the end of the 5 years?

Simple interest vs Compound interest.

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Simple Interest (Calculator) [MF11.06]

Century Tasks

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https://drive.google.com/file/d/1cw-5LkBKjywGEAnNUU7bDLDsUHd4x1ia/view?usp=sharing

Prime factorisation

Compound interest

Practice

Compound interest

Compound interest

Depreciation

Depreciation

Depreciation (Calculator) [MF11.08]

Compound Interest (Calculator) [MF11.07]

Compound Interest and Depreciation (Calculator) [MF11.09]

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Century Tasks

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Lesson 10 - Compound Interest & DEpreciation

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Past Paper Questions

https://drive.google.com/file/d/1cw-5LkBKjywGEAnNUU7bDLDsUHd4x1ia/view?usp=sharing

https://drive.google.com/file/d/1cw-5LkBKjywGEAnNUU7bDLDsUHd4x1ia/view?usp=sharing

https://drive.google.com/file/d/1cw-5LkBKjywGEAnNUU7bDLDsUHd4x1ia/view?usp=sharing

https://drive.google.com/file/d/1cw-5LkBKjywGEAnNUU7bDLDsUHd4x1ia/view?usp=sharing