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Mathematics Worksheet

💰 Financial Mathematics

Chapter: Applied Mathematics · Level ★★★ · Time: 30 min
SCORE___ / 20
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After this worksheet you can
Compute future value with compound interest.Compute future value with simple interest.Compute present value (discounting).Understand the time value of money.

🧠 Section A · Concept Check ● BEGINNER 4 × 1 = 4

1FV of $2,000 at 4% compound for 3 years:
2FV of $2,000 at 4% simple for 3 years:
3PV needed for $5,000 in 4 years at 3% compound:
4Over many years the faster growth comes from:

🧮 Section B · Problem Solving ● INTERMEDIATE 2 + 3×3 = 11

5Compound FV = P(1 + r).
6Simple interest grows (a straight line).
7Find FV of $2,000 at 4% compound interest for 3 years.
8Find FV of $2,000 at 4% simple interest for 3 years.
9Find the PV needed today to have $5,000 in 4 years at 3% compound interest.

🚀 Section C · Challenge ● CHALLENGE 5

10Which grows an investment faster over many years: simple or compound interest?
💭 Reflection — the most useful thing I learned:
A ___/4   B ___/11   C ___/5   Total ___/20 Teacher's Signature Parent's Signature
✂ answer key — fold or cut before handing out

1-A   2-A   3-A   4-B  |  5 t   6 linearly   7 = $2,249.73   8 = $2,240   9 = $4,443.63  |  10 = Compound interest

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