Compound interest
Year 12 maths · Fieldbook Learning
Name ______________________ Date __________
Amount = P × (1 + r)ⁿ.
- $4,400 is invested at 4% a year, compounded yearly. What is it worth after 2 years? Round to the nearest cent at the end.
- $700 is invested at 5% a year, compounded yearly. What is it worth after 2 years? Round to the nearest cent at the end.
- $4,300 is invested at 6% a year, compounded yearly. What is it worth after 3 years? Round to the nearest cent at the end.
- $2,800 is invested at 5% a year, compounded yearly. What is it worth after 3 years? Round to the nearest cent at the end.
- $800 is invested at 2% a year, compounded yearly. What is it worth after 3 years? Round to the nearest cent at the end.
- $4,400 is invested at 4% a year, compounded yearly. What is it worth after 3 years? Round to the nearest cent at the end.
- $2,700 is invested at 3% a year, compounded yearly. What is it worth after 2 years? Round to the nearest cent at the end.
- $4,600 is invested at 5% a year, compounded yearly. What is it worth after 4 years? Round to the nearest cent at the end.
- $1,400 is invested at 3% a year, compounded yearly. What is it worth after 4 years? Round to the nearest cent at the end.
- $3,100 is invested at 4% a year, compounded yearly. What is it worth after 4 years? Round to the nearest cent at the end.
- $5,000 is invested at 5% a year, compounded yearly. What is it worth after 3 years? Round to the nearest cent at the end.
- $3,600 is invested at 4% a year, compounded yearly. What is it worth after 5 years? Round to the nearest cent at the end.
- $2,700 is invested at 3% a year, compounded yearly. What is it worth after 5 years? Round to the nearest cent at the end.
- $3,300 is invested at 4% a year, compounded yearly. What is it worth after 3 years? Round to the nearest cent at the end.
- $2,600 is invested at 4% a year, compounded yearly. What is it worth after 4 years? Round to the nearest cent at the end.
- $3,100 is invested at 5% a year, compounded yearly. What is it worth after 5 years? Round to the nearest cent at the end.
- $2,400 is invested at 6% a year, compounded yearly. What is it worth after 2 years? Round to the nearest cent at the end.
- $1,600 is invested at 3% a year, compounded yearly. What is it worth after 5 years? Round to the nearest cent at the end.
- $3,900 is invested at 2% a year, compounded yearly. What is it worth after 3 years? Round to the nearest cent at the end.
- $2,000 is invested at 5% a year, compounded yearly. What is it worth after 3 years? Round to the nearest cent at the end.