Simple Interest

Simple Interest

Compound Interest

Compound Interest

Simple/Compound Interest

Simple/Compound Interest

100

$34,000 at 4% for 3 years

What is $38,192.00?

100

$1,240 at 8% compounded annually for 2 years

What is $1,446.34?

100

$1,500 at 7% compounded annually for 3 years

What is $1,837.56?

100

Find the amount of savings if $1,000 is deposited for three years at 8% annual interest, compounded annually.

What is $1,259.71?

100

At the end of two years, what would the total savings be on a principal of $1,000 at 6% annual interest, compounded annually?

What is $1,123.60

200

$210 at 8% for 7 years

What is $327.60?

200

$1,030 at 4% compounded semiannually for 2 years

What is $1,114.91?

200

$7,300 at 7% compounded semiannually for 3 years

What is $8,973.56?

200

At the end of one year, what would be the total savings be on a principal of $500 at 4% annual interest, compounded annually?

What is $520.00?

200

If you deposited $500 for four years at 6% annual interest, compounded annually, how much money would you have saved?

What is $631.24?

300

$4,000 at 3% for 4 years

What is $4,480.00?

300

$12,700 at 8.8% compounded semiannually for 1 year

What is $13,842.19?

300

$18,000 at 9% compounded semiannually for 6 years

What is $30,525.87?

300

Find the amount of savings if $1,000 is deposited for one year at 5% annual interest, compounded every six months.

What is $1,050.63?

300

Find the amount of savings if $1,000 is deposited for one year at 5% annual interest, compounded quarterly.

What is $1,050.95?

400

$20,600 at 8% for 2 years

What is $23,896.00?

400

$28,600 at 7.9% compounded semiannually for 2 years

What is $33,393.66?

400

$55,000 at 16% compounded semiannually for 2 years

What is $74,826.89?

400

At the end of one year, what would the total savings be on a principal of $500 at 4% annual interest, compounded quarterly?

What is $520.30?

400

At the end of one year, what would the total savings be on a principal of $500 at 4% annual interest, compounded semi-annually?

What is $520.20?

500

$14,000 at 6% for 9 years

What is $21,560.00?

500

$130 at 9.4% compounded quarterly for 2 years

What is $156.55?

500

$21,000 at 13.6% compounded quarterly for 4 years

What is $35,854.85?

500

At then end of two years, what would the total savings be on a principal of $1,000 at 6% annual interest, compounded monthly?

What is $1,127.16?

500

If you deposited $500 for four years at 6% annual interest, compounded monthly, how much money would you have saved?

What is $635.24?