Kuta Software - Infinite Pre-Algebra
Name___________________________________
Simple and Compound Interest
Date________________ Period____
Use simple interest to find the ending balance.
1) $34,100 at 4% for 3 years
2) $210 at 8% for 7 years
3) $4,000 at 3% for 4 years
4) $20,600 at 8% for 2 years
5) $14,000 at 6% for 9 years
6) $2,300 at 7% for 9 years
7) $43,800 at 4.8% for 2 years
8) $35,800 at 8.2% for 3 years
9) $7,400 at 10.5% for
1
years
4
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10) $1,900 at 5.9% for 2
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3
years
4
Worksheet by Kuta Software LLC
Find the total value of the investment after the time given.
11) $7,300 at 7% compounded
semiannually for 3 years
12) $1,030 at 4% compounded
semiannually for 2 years
13) $18,000 at 9% compounded
semiannually for 6 years
14) $1,500 at 7% compounded
annually for 3 years
15) $1,240 at 8% compounded
annually for 2 years
16) $55,000 at 16% compounded
semiannually for 2 years
17) $28,600 at 7.9% compounded
semiannually for 2 years
18) $21,000 at 13.6% compounded
quarterly for 4 years
19) $12,700 at 8.8% compounded
semiannually for 1 year
20) $130 at 9.4% compounded
quarterly for 2 years
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Worksheet by Kuta Software LLC
Kuta Software - Infinite Pre-Algebra
Name___________________________________
Simple and Compound Interest
Date________________ Period____
Use simple interest to find the ending balance.
1) $34,100 at 4% for 3 years
2) $210 at 8% for 7 years
$38,192.00
$327.60
3) $4,000 at 3% for 4 years
4) $20,600 at 8% for 2 years
$4,480.00
$23,896.00
5) $14,000 at 6% for 9 years
6) $2,300 at 7% for 9 years
$21,560.00
$3,749.00
7) $43,800 at 4.8% for 2 years
8) $35,800 at 8.2% for 3 years
$48,004.80
9) $7,400 at 10.5% for
$44,606.80
1
years
4
10) $1,900 at 5.9% for 2
$7,594.25
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3
years
4
$2,208.28
-1-
Worksheet by Kuta Software LLC
Find the total value of the investment after the time given.
11) $7,300 at 7% compounded
semiannually for 3 years
12) $1,030 at 4% compounded
semiannually for 2 years
$8,973.56
13) $18,000 at 9% compounded
semiannually for 6 years
$1,114.91
14) $1,500 at 7% compounded
annually for 3 years
$30,525.87
15) $1,240 at 8% compounded
annually for 2 years
$1,837.56
16) $55,000 at 16% compounded
semiannually for 2 years
$1,446.34
17) $28,600 at 7.9% compounded
semiannually for 2 years
$74,826.89
18) $21,000 at 13.6% compounded
quarterly for 4 years
$33,393.66
19) $12,700 at 8.8% compounded
semiannually for 1 year
$35,854.85
20) $130 at 9.4% compounded
quarterly for 2 years
$13,842.19
$156.55
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Worksheet by Kuta Software LLC