Compound Interest Worksheet 15 Worksheets
Compound Interest Worksheet 15()

Compound Interest Worksheet 15

Compound Interest Worksheet 15 For Google Apps

Compound Interest Worksheet 15

For these word problems, the interest is compounded monthly. Sample questions are:
1. What will the final balance be for $870 invested at 4% compounded quarterly for four years?
2. If an investment over seven years at a rate of 3% compounded quarterly results in a final balance of $795.10, what was the original investment?
3. How long must $196 be invested at a rate of 8% compounded quarterly to earn $95.25 in interest?

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