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    Simple and Compound Interest

    Uploaded by

    José Pedro Mesquita
    The document is a worksheet on simple and compound interest calculations. It provides 20 practice problems calculating interest earned on various principal amounts over different time periods and interest rates, both simple and compound interest.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd

    Simple and Compound Interest

    Uploaded by

    José Pedro Mesquita
    1K views4 pages
    The document is a worksheet on simple and compound interest calculations. It provides 20 practice problems calculating interest earned on various principal amounts over different time periods and interest rates, both simple and compound interest.

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PDF, TXT or read online from Scribd

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    The document is a worksheet on simple and compound interest calculations. It provides 20 practice problems calculating interest earned on various principal amounts over different time periods and interest rates, both simple and compound interest.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    1K views4 pages

    Simple and Compound Interest

    Uploaded by

    José Pedro Mesquita
    The document is a worksheet on simple and compound interest calculations. It provides 20 practice problems calculating interest earned on various principal amounts over different time periods and interest rates, both simple and compound interest.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 4

    Kuta Software - Infinite Pre-Algebra

    Name___________________________________ Date________________ Period____

    Simple and Compound Interest


    Use simple interest to find the ending balance. 1) $34,100 at 4% for 3 years

    2) $210 at 8% for 7 years

    3) $4,000 at 3% for 4 years

    4) $20,600 at 8% for 2 years

    5) $14,000 at 6% for 9 years

    6) $2,300 at 7% for 9 years

    7) $43,800 at 4.8% for 2 years

    8) $35,800 at 8.2% for 3 years

    9) $7,400 at 10.5% for

    1 years 4

    10) $1,900 at 5.9% for 2

    3 years 4

    W H2W0f1s2C YKGu9ttaG gSGoMf2tbwLasrhe0 VL9LCCE.F f dAmlslK 4ruiUgJhdtAs7 Erxesszetr8v9eGdE.b 5 4MtapdJeo TwFi9twhK EIcnRfyiwnLigtKe9 LPnrGef-WAKlrg8e2bsrBaa.P

    -1-

    Worksheet by Kuta Software LLC

    Find the total value of the investment after the time given. 11) $7,300 at 7% compounded semiannually for 3 years 12) $1,030 at 4% compounded semiannually for 2 years

    13) $18,000 at 9% compounded semiannually for 6 years

    14) $1,500 at 7% compounded annually for 3 years

    15) $1,240 at 8% compounded annually for 2 years

    16) $55,000 at 16% compounded semiannually for 2 years

    17) $28,600 at 7.9% compounded semiannually for 2 years

    18) $21,000 at 13.6% compounded quarterly for 4 years

    19) $12,700 at 8.8% compounded semiannually for 1 year

    20) $130 at 9.4% compounded quarterly for 2 years

    M w2S0Q1B2f OKXu4tZaa rS8oDfYtuwqa2rTeR 0LYLpCa.z K IAklMle MrCiVg5hhtcsz Nrte1syeLr1v0e4dH.t 2 yMPaZdxeh qw0istbhD hIZn0fgiXnpiJtAe0 bPhrfeC-yAtlKgIeQburxaL.t

    -2-

    Worksheet by Kuta Software LLC

    Kuta Software - Infinite Pre-Algebra

    Name___________________________________ Date________________ Period____

    Simple and Compound Interest


    Use simple interest to find the ending balance. 1) $34,100 at 4% for 3 years $38,192.00

    2) $210 at 8% for 7 years $327.60

    3) $4,000 at 3% for 4 years $4,480.00

    4) $20,600 at 8% for 2 years $23,896.00

    5) $14,000 at 6% for 9 years $21,560.00

    6) $2,300 at 7% for 9 years $3,749.00

    7) $43,800 at 4.8% for 2 years $48,004.80

    8) $35,800 at 8.2% for 3 years $44,606.80

    9) $7,400 at 10.5% for $7,594.25

    1 years 4

    10) $1,900 at 5.9% for 2 $2,208.28

    3 years 4

    v H2f0U1R2A xKruotJaz YSRo7f7tVwaaNrhed 8LtLKCx.u 2 cAWl3lD 2raiOgahit9sr 6r3essgexr7vLeydO.P 9 oMWaIdbew tw2iJtZhC DIgntf2ibneietAea sP4rkeL-8A0l1gPelbIrvad.m

    -1-

    Worksheet by Kuta Software LLC

    Find the total value of the investment after the time given. 11) $7,300 at 7% compounded semiannually for 3 years $8,973.56 12) $1,030 at 4% compounded semiannually for 2 years $1,114.91

    13) $18,000 at 9% compounded semiannually for 6 years $30,525.87

    14) $1,500 at 7% compounded annually for 3 years $1,837.56

    15) $1,240 at 8% compounded annually for 2 years $1,446.34

    16) $55,000 at 16% compounded semiannually for 2 years $74,826.89

    17) $28,600 at 7.9% compounded semiannually for 2 years $33,393.66

    18) $21,000 at 13.6% compounded quarterly for 4 years $35,854.85

    19) $12,700 at 8.8% compounded semiannually for 1 year $13,842.19

    20) $130 at 9.4% compounded quarterly for 2 years $156.55

    Create your own worksheets like this one with Infinite Pre-Algebra. Free trial available at KutaSoftware.com

    H 42b041f2n GK7uytiaB PSno2f3t4wbaJrDeY OLcLnCp.5 s RAdlXl0 Wr6ibg8hptgsC trYe0s0eRrsv7ekdu.c l lMiandWeH kwfiot8hx MIUnPfLiQn6i5t2es fPmrGeK-pAOlXgTebbSrUa8.s

    -2-

    Worksheet by Kuta Software LLC

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