|Compound Interest Worksheet 05 For Google Apps|
|1. If you borrow $884 for six years at an interest rate of 4% compounded annually, how much interest will you pay?|
2. What is the interest rate if a principal of $859 earns $266.97 in interest compounded annually in four years?
3. You take out a loan for $145 at an interest rate of 7% compounded annually for six years. What is the total amount that you will have at the end of the six years?