Simple and Compound Interest Worksheet - Kuta Software
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 />
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