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Simple and Compound Interest Worksheet - Kuta Software

Simple and Compound Interest Worksheet - Kuta Software

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-1-<br />

©W H2W0f1s2C YKGu9ttaG gSGoMf2tbwLasrhe0 VL9LCCE.F f dAmlslK 4ruiUgJhdtAs7 Erxesszetr 8v9eGdE.b 5 4MtapdJeo TwFi9twhK EIcnRfyiwnLigtKe9 LPnrGef-WAKlrg8e2bsr Baa.P <strong>Worksheet</strong> by <strong>Kuta</strong> <strong>Software</strong> LLC<br />

<strong>Kuta</strong> <strong>Software</strong> - Infinite Pre-Algebra<br />

Name___________________________________<br />

<strong>Simple</strong> <strong>and</strong> <strong>Compound</strong> <strong>Interest</strong><br />

Use simple interest to find the ending balance.<br />

1) $34,100 at 4% for 3 years 2) $210 at 8% for 7 years<br />

Date________________ Period____<br />

3) $4,000 at 3% for 4 years 4) $20,600 at 8% for 2 years<br />

5) $14,000 at 6% for 9 years 6) $2,300 at 7% for 9 years<br />

7) $43,800 at 4.8% for 2 years 8) $35,800 at 8.2% for 3 years<br />

9) $7,400 at 10.5% for 1 4 years 10) $1,900 at 5.9% for 2 3 4 years


-2-<br />

©M w2S0Q1B2f OKXu4tZaa rS8oDfYtuwqa2rTeR 0LYLpCa.z K IAklMle MrCiVg5hhtcsz Nrte1syeLr1v0e4dH.t 2 yMPaZdxeh qw0istbhD hIZn0fgiXnpiJtAe0 bPhrfeC- yAtlKgIeQburxaL.t <strong>Worksheet</strong> by <strong>Kuta</strong> <strong>Software</strong> LLC<br />

Find the total value of the investment after the time given.<br />

11) $7,300 at 7% compounded<br />

semiannually for 3 years<br />

12) $1,030 at 4% compounded<br />

semiannually for 2 years<br />

13) $18,000 at 9% compounded<br />

semiannually for 6 years<br />

14) $1,500 at 7% compounded<br />

annually for 3 years<br />

15) $1,240 at 8% compounded<br />

annually for 2 years<br />

16) $55,000 at 16% compounded<br />

semiannually for 2 years<br />

17) $28,600 at 7.9% compounded<br />

semiannually for 2 years<br />

18) $21,000 at 13.6% compounded<br />

quarterly for 4 years<br />

19) $12,700 at 8.8% compounded<br />

semiannually for 1 year<br />

20) $130 at 9.4% compounded<br />

quarterly for 2 years


-1-<br />

©v H2f0U1R2A xKruotJaz YSRo7f7tVwaaNrhed 8LtLKCx.u 2 cAWl3lD 2raiOgahit9sr 6r3essgexr 7vLeydO.P 9 oMWaIdbew tw2iJtZhC DIgntf2ibneietAea sP4rkeL-8A0l1gPelbIrvad.m <strong>Worksheet</strong> by <strong>Kuta</strong> <strong>Software</strong> LLC<br />

<strong>Kuta</strong> <strong>Software</strong> - Infinite Pre-Algebra<br />

Name___________________________________<br />

<strong>Simple</strong> <strong>and</strong> <strong>Compound</strong> <strong>Interest</strong><br />

Use simple interest to find the ending balance.<br />

Date________________ Period____<br />

1) $34,100 at 4% for 3 years<br />

$38,192.00<br />

2) $210 at 8% for 7 years<br />

$327.60<br />

3) $4,000 at 3% for 4 years<br />

$4,480.00<br />

4) $20,600 at 8% for 2 years<br />

$23,896.00<br />

5) $14,000 at 6% for 9 years<br />

$21,560.00<br />

6) $2,300 at 7% for 9 years<br />

$3,749.00<br />

7) $43,800 at 4.8% for 2 years<br />

$48,004.80<br />

8) $35,800 at 8.2% for 3 years<br />

$44,606.80<br />

9) $7,400 at 10.5% for 1 4 years<br />

$7,594.25<br />

10) $1,900 at 5.9% for 2 3 4 years<br />

$2,208.28


-2-<br />

©H 42b041f2n GK7uytiaB PSno2f3t4wbaJrDeY OLcLnCp.5 s RAdlXl0 Wr6ibg8hptgsC trYe0s0eRrsv7ekdu.c l lMi<strong>and</strong>WeH kwfiot8hx MIUnPfLiQn6i5t2es fPmrGeK-pAOlXgTebbSrUa8.s <strong>Worksheet</strong> by <strong>Kuta</strong> <strong>Software</strong> LLC<br />

Find the total value of the investment after the time given.<br />

11) $7,300 at 7% compounded<br />

semiannually for 3 years<br />

$8,973.56<br />

12) $1,030 at 4% compounded<br />

semiannually for 2 years<br />

$1,114.91<br />

13) $18,000 at 9% compounded<br />

semiannually for 6 years<br />

$30,525.87<br />

14) $1,500 at 7% compounded<br />

annually for 3 years<br />

$1,837.56<br />

15) $1,240 at 8% compounded<br />

annually for 2 years<br />

$1,446.34<br />

16) $55,000 at 16% compounded<br />

semiannually for 2 years<br />

$74,826.89<br />

17) $28,600 at 7.9% compounded<br />

semiannually for 2 years<br />

$33,393.66<br />

18) $21,000 at 13.6% compounded<br />

quarterly for 4 years<br />

$35,854.85<br />

19) $12,700 at 8.8% compounded<br />

semiannually for 1 year<br />

$13,842.19<br />

20) $130 at 9.4% compounded<br />

quarterly for 2 years<br />

$156.55<br />

Create your own worksheets like this one with Infinite Pre-Algebra. Free trial available at <strong>Kuta</strong><strong>Software</strong>.com

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