A Pert Compound Interest - mellinamathclass.com · 2019. 7. 18. · A Pert A Pert A 6 is4 eo 08 io...
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©J l2V0I1`6n UKrumttap iSvo[fCtpwtaXriek eLDLDCC.C x LAkl\lE ZrOiCgdh^tFsi yr`e_sseyrOvIepdD.A [ wMXaNdzeM pwmict_hM tInnHfdiZn`iqt^eQ uP[rSeiczatlMczuSlPudsn. Worksheet by Kuta Software LLC Kuta Software - Infinite Precalculus Compound Interest Name___________________________________ Date________________ Period____ 1) Brenda invests $4,848 in a savings account with a fixed annual interest rate of 5% compounded 2 times per year. What will the account balance be after 6 years? 2) Lea invests $8,333 in a savings account with a fixed annual interest rate of 8% compounded 2 times per year. What will the account balance be after 12 years? 3) Jasmine invests $2,658 in a retirement account with a fixed annual interest rate of 9% compounded continuously. What will the account balance be after 15 years? 4) Maria invests $6,154 in a savings account with a fixed annual interest rate of 8% compounded continuously. What will the account balance be after 10 years? 5) Ryan invests a sum of money in a savings account with a fixed annual interest rate of 4.31% compounded 12 times per year. After 10 years, the balance reaches $12,855.94. What was the amount of the initial investment? 6) Ndiba invests a sum of money in a savings account with a fixed annual interest rate of 4.61% compounded 3 times per year. After 6 years, the balance reaches $5,485.85. What was the amount of the initial investment? 7) John invests a sum of money in a retirement account with a fixed annual interest rate of 2.63% compounded continuously. After 15 years, the balance reaches $1,912.41. What was the amount of the initial investment? 8) Anjali invests a sum of money in a retirement account with a fixed annual interest rate of 6.79% compounded continuously. After 20 years, the balance reaches $14,037.16. What was the amount of the initial investment? 9) Adam invests $6,139 in a retirement account with a fixed annual interest rate compounded continuously. After 17 years, the balance reaches $8,624.97. What is the interest rate of the account? 10) Huong invests $8,589 in a retirement account with a fixed annual interest rate of 7% compounded continuously. How long will it take for the account balance to reach $21,337.85? A PC ht A Pert KEY A 4,848 It o 2 6 A 8,333 1 0 082 A 4,8484 025 A 8 3334.0454 A 6,520.02 A 21,360.01 A Pert A Pert A 6 is 4 eo 08 io A _2,658 09.15 A 10,253.04 A 13,695.98 12,855.94 P It 04 5,485.85 p it 04ft 6 P 8,361.00 P 4,169.00 0263 is 1,912.41 P e 14,037.16 p e 0679 p 1,289.00 P 3,610.00 CHALLENGEQUESTIONSF ooze 8,624.97 6,139 ear 21,337.85 8,589 e take the 6,139 6,139 nawa og 8,589 Toy 1.40495 _ear to 02 Yang es 2.48432 e es Inc 4oua5 Ince r 2 incz 484323 lnceo.at t 13 years gl o.o c 33 99 17 Toto
Transcript of A Pert Compound Interest - mellinamathclass.com · 2019. 7. 18. · A Pert A Pert A 6 is4 eo 08 io...
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©J l2V0I1`6n UKrumttap iSvo[fCtpwtaXriek eLDLDCC.C x LAkl\lE ZrOiCgdh^tFsi yr`e_sseyrOvIepdD.A [ wMXaNdzeM pwmict_hM tInnHfdiZn`iqt^eQ uP[rSeiczatlMczuSlPudsn.
Worksheet by Kuta Software LLC
Kuta Software - Infinite Precalculus
Compound Interest
Name___________________________________
Date________________ Period____
1) Brenda invests $4,848 in a savings accountwith a fixed annual interest rate of 5%compounded 2 times per year. What willthe account balance be after 6 years?
2) Lea invests $8,333 in a savings accountwith a fixed annual interest rate of 8%compounded 2 times per year. What willthe account balance be after 12 years?
3) Jasmine invests $2,658 in a retirementaccount with a fixed annual interest rate of9% compounded continuously. What willthe account balance be after 15 years?
4) Maria invests $6,154 in a savings accountwith a fixed annual interest rate of 8%compounded continuously. What will theaccount balance be after 10 years?
5) Ryan invests a sum of money in a savingsaccount with a fixed annual interest rate of4.31% compounded 12 times per year. After 10 years, the balance reaches$12,855.94. What was the amount of theinitial investment?
6) Ndiba invests a sum of money in a savingsaccount with a fixed annual interest rate of4.61% compounded 3 times per year. After6 years, the balance reaches $5,485.85. What was the amount of the initialinvestment?
7) John invests a sum of money in aretirement account with a fixed annualinterest rate of 2.63% compoundedcontinuously. After 15 years, the balancereaches $1,912.41. What was the amountof the initial investment?
8) Anjali invests a sum of money in aretirement account with a fixed annualinterest rate of 6.79% compoundedcontinuously. After 20 years, the balancereaches $14,037.16. What was the amountof the initial investment?
9) Adam invests $6,139 in a retirementaccount with a fixed annual interest ratecompounded continuously. After 17 years,the balance reaches $8,624.97. What is theinterest rate of the account?
10) Huong invests $8,589 in a retirementaccount with a fixed annual interest rate of7% compounded continuously. How longwill it take for the account balance to reach$21,337.85?
A PC
ht
A Pert KEY
A 4,848 It o 2 6 A 8,333 1 0082A 4,8484025 A 8 3334.0454
A 6,520.02 A 21,360.01
A Pert A PertA 6 is4 eo
08 ioA_2,658
09.15
A 10,253.04 A 13,695.98
12,855.94 P It 04 5,485.85 p it 04ft6
P 8,361.00 P 4,169.00
0263 is1,912.41 P e 14,037.16 p e
0679
p 1,289.00 P 3,610.00
CHALLENGEQUESTIONSF
ooze8,624.97 6,139 ear 21,337.85 8,589 etakethe6,139 6,139 nawa og 8,589
Toy 1.40495_ear to 02 Yang es 2.48432 ees Inc4oua5 Ince r 2 incz
484323 lnceo.at t 13 yearsgl o.o c33 99 17 Toto
