Eugene agreed to pay back £95 a month for five years.
Nung has to pay back £490 per year for the next 12 years.
Julie needs to pay back £800 this year, £900 next year and then continue paying £100 more than the previous year for a total of six years.
Ted will pay back the amount he borrowed plus 10% interest.
Clive agreed to pay back a lump sum of £4000 and 6 installments of £200.
Rosie pays £20 in the first month. Each month after that she pays twice as much as the previous month for a total of eight months.
Six students borrow £5000 to help pay for their university course. Calculate how much each will have to pay back to the lender.
Topics: Starter  Arithmetic  Money
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Previous Day  This starter is for 15 July  Next Day
This activity is suitable for students of mathematics all around the world. Use the button below to change the currency symbol used to make it more relevant to your students. You may wish to choose an unfamiliar currency to extend your students' experience. 
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