Compound Interest

Front

Caiden earned RM475 from mowing lawns last summer. He deposited this money in an account that pays an interest rate of 3.8% compounded annually. What will be his balance after 15 years?

Back

RM831.10

Front

Your 3 year investment of RM20,000 received 5.2% interest compounded annually. What is your total return?

Back

RM23,285.05

Front

Olivia buys furniture on credit with 9.5% interest compounded quarterly. She spent RM7,400. How much will she have paid after 8 years?

Back

RM15,683.28

Front

The Henley's took out a loan for RM195,000 to purchase a home. At a 4.3% interest rate compounded annually, how much interest will they have paid after 30 years?

Back

RM494,546.99

Front

Kennedy won RM3,000 from a radio contest. If she puts this money in a bank account that earns 2.9% interest compounded every three months, how much interest will she earn in 10 years?

Back

RM1,005.09

Front

Riley invested RM1,000 in savings bonds at 6.75% interest compounded semi-annually for 15 years. How much will Riley earn?

Back

RM2,706.86

Front

Emily’s parents put RM1,500 in her bank account for college tuition. At an interest rate of 8.25% compounded semi-annually, what will be the balance after 18 years?

Back

RM6,427.94

Front

Allowance of RM190 with 11% interest compounded annually for 1 and 2/3 years. How much interest earned?

Back

RM36.10

Front

Karla invested RM1,000 in savings bonds earning 6.75% interest compounded every six months. How much total will Karla earn in 15 years?

Back

RM2,706.86

Front

Monthly means how many times a year?

Back

12