Calculating Interest

Types of problems

There will be a limited number of problems on one worksheet. One worksheet may not contain every type of problem selected.

Simple Interest

The student will calculate the total accrued amount.
The student will calculate the total interest earned.
The student will calculate the initial principal amount.
The student will calculate the interest rate.
The student will calculate the amount of time (years) that money is invested.

Compound Interest

The student will calculate the total accrued amount.
The student will calculate the initial principal amount.
The student will calculate the interest rate.
The student will calculate the amount of time (years) that money is invested.

Continuous Compounding

The student will calculate the total accrued amount.
The student will calculate the initial principal amount.
The student will calculate the interest rate.
The student will calculate the amount of time (years) that money is invested.

Comparisons

The student will compare earnings with simple interest vs compound interest.
The student will compare earnings with compound interest vs continuously compounded interest.

Multiple worksheets

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Memo Line

Include Answer Key