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Mathematics Worksheet
📈 Compound Interest
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Compute compound interest.Use amount = P(1 + R/100)^T.Compare simple and compound interest.Understand compounding.📚 Quick Recap
Compound interest is calculated on the principal plus any interest already earned, so the amount grows faster over time than with simple interest.
🧠 Section A · Concept Check ● BEGINNER 4 × 1 = 4
1CI on $4,000 at 10% for 2 years = ?
2Amount on $3,000 at 8% for 2 years = ?
3CI on $10,000 at 5% for 2 years = ?
4Compound interest is calculated on:
🧮 Section B · Problem Solving ● INTERMEDIATE 2 + 3×3 = 11
5Compound amount = P(1 + R/100)^.
6CI on $4,000 at 10% for 2 years is $.
7Find CI on $4,000 at 10% for 2 years.
8Find the amount on $3,000 at 8% for 2 years.
9Find CI on $10,000 at 5% for 2 years.
🚀 Section C · Challenge ● CHALLENGE 5
10Find the amount on $2,500 at 10% for 3 years.
💭 Reflection — the most useful thing I learned:
A ___/4 B ___/11 C ___/5 Total ___/20
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1-A 2-A 3-A 4-B | 5 T 6 840 7 = $840 8 = $3,499.20 9 = $1,025 | 10 = $3,327.50