Compound Interest

1 J l2V0I1`6n UKrumttap iSvo[fCtpwtaXriek x LAkl\lE ZrOiCgdh^tFsi yr` [ wMXaNdzeM pwmict_hM tInnHfdiZn`iqt^eQ uP[ by Kuta Software LLCKuta Software - Infinite PrecalculusCompound InterestName_____Date_____ Period____1) Brenda invests $4,848 in a savings accountwith a fixed annual Interest rate of 5%compounded 2 times per year. What willthe account balance be after 6 years?2) Lea invests $8,333 in a savings accountwith a fixed annual Interest rate of 8%compounded 2 times per year. What willthe account balance be after 12 years?3) Jasmine invests $2,658 in a retirementaccount with a fixed annual Interest rate of9% compounded continuously. What willthe account balance be after 15 years?4) Maria invests $6,154 in a savings accountwith a fixed annual Interest rate of 8%compounded continuously. What will theaccount balance be after 10 years?5) Ryan invests a sum of money in a savingsaccount with a fixed annual Interest rate compounded 12 times per year. After 10 years, the balance reaches$12, What was the amount of theinitial investment?]]]

2 6) Ndiba invests a sum of money in a savingsaccount with a fixed annual Interest rate compounded 3 times per year. After6 years, the balance reaches $5, What was the amount of the initialinvestment?7) John invests a sum of money in aretirement account with a fixed annualinterest rate of compoundedcontinuously. After 15 years, the balancereaches $1, What was the amountof the initial investment?8) Anjali invests a sum of money in aretirement account with a fixed annualinterest rate of compoundedcontinuously. After 20 years, the balancereaches $14, What was the amountof the initial investment?9) Adam invests $6,139 in a retirementaccount with a fixed annual Interest ratecompounded continuously. After 17 years,the balance reaches $8, What is theinterest rate of the account?10) Huong invests $8,589 in a retirementaccount with a fixed annual Interest rate of7% compounded continuously. How longwill it take for the account balance to reach$21, B H2^0Q1K6V aKJuLtFaw MSQo\fEtRwNaXrBeB CLxLEC[.]

3 S w tA_lHlz zrviJgnhntpsm x nMgandRey hwkiXtOhy GIcn]fUiZnkiFtTeT by Kuta Software LLCKuta Software - Infinite PrecalculusCompound InterestName_____Date_____ Period____1) Brenda invests $4,848 in a savings accountwith a fixed annual Interest rate of 5%compounded 2 times per year. What willthe account balance be after 6 years?$6, ) Lea invests $8,333 in a savings accountwith a fixed annual Interest rate of 8%compounded 2 times per year. What willthe account balance be after 12 years?$21, ) Jasmine invests $2,658 in a retirementaccount with a fixed annual Interest rate of9% compounded continuously. What willthe account balance be after 15 years?$10, ) Maria invests $6,154 in a savings accountwith a fixed annual Interest rate of 8%compounded continuously. What will theaccount balance be after 10 years?$13, ) Ryan invests a sum of money in a savingsaccount with a fixed annual Interest rate compounded 12 times per year. After 10 years, the balance reaches$12, What was the amount of theinitial investment?

4 $8,3616) Ndiba invests a sum of money in a savingsaccount with a fixed annual Interest rate compounded 3 times per year. After6 years, the balance reaches $5, What was the amount of the initialinvestment?$4,1697) John invests a sum of money in aretirement account with a fixed annualinterest rate of compoundedcontinuously. After 15 years, the balancereaches $1, What was the amountof the initial investment?$1,2898) Anjali invests a sum of money in aretirement account with a fixed annualinterest rate of compoundedcontinuously. After 20 years, the balancereaches $14, What was the amountof the initial investment?$3,6109) Adam invests $6,139 in a retirementaccount with a fixed annual Interest ratecompounded continuously. After 17 years,the balance reaches $8, What is theinterest rate of the account?2%10) Huong invests $8,589 in a retirementaccount with a fixed annual Interest rate of7% compounded continuously. How longwill it take for the account balance to reach$21, yearsCreate your own worksheets like this one with Infinite Precalculus.

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