WorksheetsCompound Interest
Total questions: 15
Worksheet time: 1hrs 15mins
Find the balance in the account after the given period.
$12,000 principal earing 4.8% compounded annually after 7 years.
$3,243.19
$16,661.35
$15,243.19
$4,661.35
Find the balance in the account after the given period.
$5000 deposit earning 1.5% compounded quarterly after 3 years
$5,229.70
$7,604.38
$7,777.27
$5,538.86
Find the balance in the account after the given period.
$13,500 deposit earning 3.3% compounded monthly after 1 year
$13,611.38
$14,898.84
$13,537.13
$13, 952.30
Find the balance in the account after the given period.
$3400 principal earning 3.6% compounded annually after 2 years
$3,420.43
$3,649.21
$3,675.39
$6,288.64
Your 6 year investment of $40,000 at 14% compounded quarterly is worth how much now?
$928,488.27
$49,170.21
$91,333.14
$51,333.14
Your $54,200 2 year car loan is at 15.1% compounded annually. What will you have paid for your car after 2 years?
$62,693.15
$62,384.20
$71,804.21
$341,465.42
An investment of $9,875 earns 4.8% interest compounded monthly over 12 years. Approximately how much INTEREST is earned on the investment?
$7,457.95
$10,359.57
$17,546.55
$484.57
Will deposits $1650 for three years at 3% interest, compounded daily. What is his ending balance?
$1,700.25
$4,056.85
$2,103.87
$1,805.38
Avery deposits $8000 in a one year CD at 3.2% interest, compounded daily. What is Avery's ending balance?
$8,528.72
$8,000.70
$8,256.00
$8,260.13
Jamere deposits $2350 in an account that earns interest at a rate of 3.1%, compounded monthly. What is his ending balance after five years?
$2743.98
$2,743.45
$2,362.01
$10,856.16
Gabby deposits $800 at 3.87% interest, compounded quarterly. What is her ending balance after one year?
$1,157.50
$831.41
$807.74
$931.22
Emma deposits $1200 into an account that pays 3% interest, compounded monthly. What is her ending balance after one year?
$1,613.87
$1,709.91
$1,236.50
$1,203.00
Find the INTEREST for a six-year CD for $5000 at an interest rate of 4%, compounded annually.
$1,326.60
$6,326.60
$5,100.84
$100.84
How much would Zion earn on a deposit of $10,000 one year at 5.12% compounded daily?
$512.00
$525.30
$10,523.30
$10,512.00
A college receives a donation of $955,000 that earns 5.33% interest compounded daily. How much interest would the college earn in one year?
$52,278.53
$50,901.50
$1,005,901.50
$1,007,278.53
