Compound interest
Year 13 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.