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not be used
Name _______________________________
All amounts are rounded to the nearest Penny
Find the Find the Find the Find the
ending balance: compound interest: compound interest: compound interest:
Principal: $60
Interest Rate: 5% Principal: $1750 Principal: $1735 Principal: $10,000
Time: 2 years $61.37 Interest Rate: 2% $55.00 Interest Rate: 0.8% $13.88 Interest Rate: 0.5%
Time: 2 years Time: 1 year Time: 2 years
Start
$66.15 7 .57 $88.23 1.12 $85.57 0 0 .25 $78.00
$ 1 $8 $1
Find the Find the Find the Find the
compound interest: ending balance: ending balance: ending balance:
Principal: $750 Principal: $75 Principal: $80 Principal: $56.89
Interest Rate: 6% $100.88 Interest Rate: 4% $113.07 Interest Rate: 10% $131.05 Interest Rate: 4.4%
Time: 2 years Time: 2 years Time: 3 years Time: 3 years