=4000(1+0.06/4)4(5)  = 4000(1.015) =4000(1.346855007) =5387.42 

If you deposit $4000 into an account paying 6% annual interest compounded quarterly, how  much money will be in the account after 5 years?

3000(5.3%)5 = 3000(0.053)5 = 795 Wayne would earn $795 interest. $3000 + $795 = $3795 in the account

Wayne earns 5.3% simple interest for 5 years on $3000. What is the total amount in the account?

I = 50(0.05)1 = $2.50; Jody paid back $52.50.

Tong loaned Jody $50 for a month. He charged 5% simple interest for the month. How much did Jody have to pay Tong?

$2000 for college is put in a savings account for college in four years. An additional 7.5% simple interest is put on the $2000 for every year. How much extra money will the account make?

A car worth 20 000 dollars depreciates by 10% per year for 2 years.

= 10000 × 4%       = 10000 × 0.04     = $400.

Maddy borrows $10000 at 4% interest for a period of two years. How much money will she have at the end of 2 years?

I = 3.5% × 1500  I = 0.035 × 1500  I = $52.5

Dave borrows $1500 to repair his house. He will pay off the loan after 3 years by paying back the principal plus 3.5% interest for each year.how much will she pay in total?

An item of jewellery is purchased for $1025 and it has an average depreciation in value by 5% each year. How much would it be worth two years after purchase?

A house was valued 6 years ago to be worth $548000. Its value appreciated at 5.2%. How much did the home increase in value?

10% x 640      10/100 x 640       64 dollars

A salesperson earns a 13% commission on their sales each week. In one week, their sales amounted to 640.How much do they make?

Simple interest: Simple interest is the interest amount for a particular principal amount of money at some rate of interest
Compound interest: Compound interest is when you earn interest on the money you've saved and on the interest you earn along the way.
Appreciation: Appreciation is an increase in the value of an asset over time.
Depreciation: Depreciation is an decrease in the value of an asset over time.