Compound Interest WORKSHEET

This worksheet helps students grasp the concept of compound interest. Section A leads students through calculating the value of two investments after each year. It requires them to show the calculation used for each step to consolidate the skill. It then asks students to write the formula for the final amount and adapt that formula and rewrite the formula to solve for the interest variable; This is an important aspect of the topic, as the wording of exam questions can be tricky for students to understand. Section B then asks students to find the final amounts of investments given an initial amount, interest rate, and number of years. Section C has some word problems including recognizing the graph representing compound interest and some questions involving depreciation.