Compound Interest Worksheet Answers
What will the account balance be after 6 years.
Compound interest worksheet answers. What is your total return. Videos worksheets 5 a day and much more. Simple interest i 5 100 prn compound interest a 5 1 100 p r n 1 final amount i 5 a 2 p interest where p is the principal r is the interest rate per period expressed as a percentage n is the number of periods use 1 year 5 52 weeks 5 365 days. Simple interest compound interest.
Simple and compound interest worksheet 1 write as decimals. Skip to primary content rudolph academy teacher resources math worksheets quizzes online lessons crossword puzzles and word searches educational poems sudoku. Worksheet compound interest. For each question it is assumed no money is withdrawn or deposited into the account after the original deposit.
Worksheet by kuta software llc kuta software infinite precalculus compound interest name date period 1 brenda invests 4 848 in a savings account with a fixed annual interest rate of 5 compounded 2 times per year. Worksheets are simple and compound compound interest and e work compound interest student work name simple and compound interest simple interest problems simple and compound interest work lesson plan simple and compound interest grade 7 lesson 5 r. Displaying all worksheets related to simple interest compound interest. The corbettmaths practice questions on compound interest.
Round your answers to the nearest pound where necessary. Try our harder compound interest worksheet for that. Compound interest name worksheets calculate the total amount of the investment or total paid in a loan in the following situations. It covers large loans taken out by businesses and individuals making considerable investment decisions.
This is the easier worksheet and does notrequire the use of logarithms. 1 your 3 year investment of 20 000 received 5 2 interested compounded semi annually. 2 lea invests 8 333 in a savings account. Students will practice solving for amount principal and interest rate in the compound interest formula.
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