Compound Interest
Compound interest pactice problems
Create multiple-choice games on Wisc-Online and play them on our Chakalaka mobile app!
But that's not all! Explore educational games created by others. Simply search by category or enter agame code number and dive into a world of learning and fun.
Download the Chakalaka mobile app here:
Topics of this game:
- What is annual compounding?
- What is Semiannual compounding?
- What is Quarterly compounding?
- What is daily compounding?
- What is compound Interest?
- Derek deposits $3,700 in a certificate of deposit that pays 6 1/2% interest, compounded annually. How much interest does Derek earn in one year?
- Kesha deposits $9,000 in a certificate of deposit that pays 8% interest, compounded semiannually. How much interest does the account earn in the first six months? What is the balance after six months?
- Mickey deposits $3,500 in a savings account that pays 7 1/2% interest, compounded semiannually. How much interest does the account earn in the first six months?
- s account that pays 7 1/2% interest, compounded semiannually. What is the balance at the end of the first six months?
- Kevin has x dollars in an account that pays 2.2% interest, com- pounded quarterly. Express his balance after one quarter algebraically.
- Janine opens a savings account with a deposit of $720. The account pays 3.4% interest, compounded daily. What is the first day’s interest? Round to the nearest cent.
- How much interest would $3,500 earn in one year at 7 1/2% interest, compounded annually?
- Liam deposits $3,500 in a saving account that pays 7 1/2% interest, compounded quarterly. Find the first quarter’s interest.
- On May 29, Rocky had an opening balance of x dollars in an account that pays 3% interest, compounded daily. He deposits y dollars. Express his ending balance on May 30 algebraically.
- How much interest does $1,000 earn in three months at an interest rate of 6%, compounded quarterly? What is the balance after three months?
User comments are currently unavailable. We apologize for the inconvenience and are working to restore this feature as soon as possible.