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| Compound Interest Worksheet 21 For Google Apps | |||||
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| Compound interest word problems where the interest is compounded annually, semi annually, quarterly or monthly. Each worksheet has 10 word problems with answers on the second page. Sample problems include: 1. How much interest is earned on $4,965 at 7% compounded monthly for 18 years? 2. What was the interest rate if your balance on an investment of $1,541 at the end of three years is $2,197.10 and the interest was compounded quarterly? 3. If the balance at the end of nine years on an investment of $4,268 that has been invested at a rate of 5% compounded quarterly is $6,674.91, how much was the interest? | |||||
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