4.1.3 How much interest?
This quiz allows you to test your ability to calculate interest.
Activity 1
How much would you pay in interest per annum if you make no repayments on a principal sum of £50,000 and the rate of interest is 5%?
How much would you pay in interest per annum if you make no repayments on a principal sum of £50,000 and the rate of interest is 6.7%?
OpenLearn - Managing my money
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