Compound Interest Practice

Calculate interest earned when a balance compounds annually.

Math8th Grade

Let’s practice!

0 of 1 answered

01 Find the interest earned after two years of annual compounding.

Solve each problem, then check your answers.

1. Invest $175.00 at 10% annual interest, compounded yearly for 2 years. Interest earned: $

2. Invest $192.00 at 10% annual interest, compounded yearly for 2 years. Interest earned: $

3. Invest $209.00 at 10% annual interest, compounded yearly for 2 years. Interest earned: $

4. Invest $226.00 at 10% annual interest, compounded yearly for 2 years. Interest earned: $

5. Invest $243.00 at 10% annual interest, compounded yearly for 2 years. Interest earned: $

6. Invest $260.00 at 10% annual interest, compounded yearly for 2 years. Interest earned: $

7. Invest $277.00 at 10% annual interest, compounded yearly for 2 years. Interest earned: $

8. Invest $294.00 at 10% annual interest, compounded yearly for 2 years. Interest earned: $