Compound Interest
Compound Interest Word Problems
Simple Interest
100

P = $52,500; R = 8%; N = annually; T = 8 years

What is $97,173.84

100

John invested $16,000 at 3% compounded annually for 7 years. Find the total amount and interest.

What is $19,677.98 and $3677.98.

100

Find the simple interest: P = $3000; R = 12%; N = 5 years

What is $1390.68

200
P = $3,927; R = 14%; N = monthly; T = 1.5 years
What is $4,838.77
200

Mary borrowed $450 at 8% compounded bi annually for 3 years. Find total amount and interest.

What is $569.39 and $119.39.

200

Find the total: P = $42,000; R = 8%; N = 3 years

What is $52,080

300

P = $453,900; R = 12%; N = quarterly; T = 3.5 years

What is $685,203.15

300

Carlos invested $147,000 at 13% compounded monthly for 5.5 years. Find total amount and interest.

What is $299,342.20 and $152342.20.

300

Find the simple interest: P = $18,000; R = 2.25%; N = 8 months

What is $270

400
P = $64,000; R = 5%; N = quarterly; T = 3 1/4 years
What is $75,216.89
400

Jeremy borrowed $96,300 at 3% compounded annually for 8 years. Find the interest.

What is $25689.96

400

Find the simple interest: P = $750; R = 9.5%; N = 12 weeks

What is $16.44

500

P = $13,000; R = 4% compounded half yearly N = 4 years

What is $15,231.57

500

Ken invested $372.28 at 7% compounded quarterly for 2 2/3 years. Find the total amount.

What is $447.96

500

Find the total: P = $120,000; R = 4.7%; N = 90 days

What is $121,390.68

M
e
n
u