Percent to Decimal
Word Problems
Variables
Determine the Value
100

35%

0.35

100

You put $550 in a savings account.  It is compounded monthly at 4.5%.  How much will it be worth in 30 years?

$2,116.23

100

What does r stand for?

Interest rate

100

A coin had a value of $1.17 in 1995. Its value has been increasing at 9% per year. What is the value after 5 years?

$1.80

200

6.7%

0.067

200

Lance put $950 in an account that is compounded quarterly at 3%.  How much will it be worth in 5 Years?

$1,103.12

200

You put $500 in an account.  It earns 6% interest compounded monthly.  How much will it be worth in 10 years?

What is the principal?

$500

200

Gina deposited $1500 in an account that pays 4% interest compounded quarterly. What will the balance be in 2 years?

$2052.85

300

10%

0.10

300

Jerry put $150 in an account that is compounded annually at 13%.  How much will it be worth in 15 Years?

$938.14

300

You put $500 in an account.  It earns 6% interest compounded monthly.  How much will it be worth in 10 years?

What would the "t" number be?

10

300

Determine the amount of interest earned on a $2500 investment if it is invested at 5.25% annual interest compounded monthly for four years.

$29147.48

400

0.5%

0.005

400

Carrie put $1,050 in an account that is compounded quarterly at 10.5%.  How much will it be worth in 8 Years?

$2,405.97

400

You put $500 in an account.  It earns 6% interest compounded monthly.  How much will it be worth in 10 years?

What is the rate?

6%

400

Determine the amount of interest earned on a $100,000 investment if it is invested at 5.2% annual interest compounded quarterly for 12 years.

$1,139,608.06

500

0.025%

0.00025

500

Morgan put $10,750 in an account that is compounded quarterly at 8%.  How much will it be worth in 12 Years?

$27,811.01

500

You put $500 in an account.  It earns 6% interest compounded monthly.  How much will it be worth in 10 years?

What would the "n" number be?

12

500

Determine the final account balance of an investment if $300 is invested at an interest rate of 6.75% compounded semiannually for 20 years.

$4091.07

M
e
n
u