Compound Interest Worksheets
Our pdf compound interest worksheets have your best interests at heart! Reinvesting interest is what compound interest is all about. Students in grade 8 and high school plug the values into the formula; calculate the interest compounded monthly, quarterly, half-yearly, or annually; and find the missing rate, time, or principal. The real-life compound interest word problems are a hoot! Try some of our printable compound interest worksheets for free.
Students are expected to find the amount, principal, or interest by rearranging the formula Interest = Amount − Principal, and complete the table with the missing values.
Use the formula: A = P(1 + r/n)tn, where A is amount (future balance), P is principal (present balance), r is rate of interest expressed in decimal, and t is time. Remember to round your answers to the nearest cent.
With the focus on periodic compounding, students will find the amount and interest compounded monthly, quarterly, and half-yearly. Note:
n is 12 for interest compounded monthly, 4 for quarterly, and 2 for half-yearly.
Are the 8th grade and high school children's calculations of compound interest right on the money? Explore it with this section of our pdf compound interest worksheets to find the missing values of r, t, and p.
Word problems make learning so much more interactive! Invite the learners to solve these printable tools to understand how a present value in the real world can have an astronomical future value.
Brace yourself for a treasure trove of realistic word problems and wonder at how humble present amounts turn into colossal future amounts when interest is compounded monthly, quarterly, and half-yearly.
Allow the 8th grade and high school students to concentrate on finding the rate, principal, or time given the other values. Stay head and shoulders above the rest with our exclusive compound interest word problems!