* not completed

. How much will £1,000 be worth in 5 years' time if interest rates are 5%?

£784 correct incorrect

£1,000 correct incorrect

£1,216 correct incorrect

£1,276 correct incorrect

* not completed

. How much will £100 be worth in 3 years' time if interest rates are 12%?

£112 correct incorrect

£125 correct incorrect

£140 correct incorrect

£157 correct incorrect

* not completed

. You have been offered £2,000 in 4 years' time. If interest rates are 8%, what is the present value of £2,000 in 4 years' time?

£1,470 correct incorrect

£1,588 correct incorrect

£2,000 correct incorrect

£2,721 correct incorrect

* not completed

. You have been offered £5,000 in 3 years' time. If interest rates are 7%, what is the present value of £5,000 in 3 years' time?

£6,125 correct incorrect

£5,000 correct incorrect

£4,081 correct incorrect

£3,814 correct incorrect

* not completed

. A basket of goods currently costs £100. If food price inflation is expected to be 6% next year, 8% in the year afterwards and 10% in the third year, what will the same basket of goods cost at the end of 3 years?

£106 correct incorrect

£114 correct incorrect

£126 correct incorrect

£136 correct incorrect