0% found this document useful (0 votes)
22 views3 pages

Basic Level

The document consists of a series of financial problems related to calculating compound interest and future amounts based on different principal amounts, interest rates, and time periods. It is structured into basic, intermediate, advanced, and expert levels, with various scenarios for investment and growth calculations. Additionally, there are challenge questions that further test the understanding of compound interest concepts.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
22 views3 pages

Basic Level

The document consists of a series of financial problems related to calculating compound interest and future amounts based on different principal amounts, interest rates, and time periods. It is structured into basic, intermediate, advanced, and expert levels, with various scenarios for investment and growth calculations. Additionally, there are challenge questions that further test the understanding of compound interest concepts.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 3

1.

Basic Level

2. Find the compound interest on $6,000 at 5% per annum for 2 years, compounded annually.

3. What will be the amount after 3 years if $9,000 is invested at 6% per annum, compounded
annually?

4. A sum of $11,000 is invested at 7% per annum for 2 years, compounded annually. Find the
compound interest.

5. Calculate the compound interest on $13,000 at 4% per annum for 3 years, compounded
annually.

6. What will be the final amount if $17,000 is invested at 9% per annum for 2 years,
compounded annually?

7. Intermediate Level

8. A principal of $21,000 is invested at 8% per annum for 3 years, compounded annually. Find
the compound interest.

9. Find the amount after 2 years if $26,000 is invested at 5% per annum, compounded
annually.

10. A sum of $19,000 is invested at 6% per annum for 2 years, compounded annually. What is
the compound interest?

11. What is the compound interest on $32,000 at 7% per annum for 3 years, compounded
annually?

12. A sum of $55,000 is deposited in a bank at 4% per annum compound interest for 3 years.
Find the compound interest earned.

13. Advanced Level

14. A sum of $36,000 is invested at 10% per annum, compounded annually for 4 years. Find the
compound interest.

15. What will be the amount after 5 years if $42,000 is invested at 6% per annum, compounded
annually?

16. A principal of $43,000 is invested at 5% per annum, compounded annually for 3 years. Find
the compound interest.

17. Find the compound interest on $62,000 at 7% per annum for 4 years, compounded annually.

18. A sum of $80,000 is invested at 8% per annum, compounded annually for 5 years. Find the
compound interest.

19. Expert Level

20. A sum of $22,000 is invested at 12% per annum, compounded annually. What will be the
amount after 6 years?

21. What is the compound interest on $11,000 at 8% per annum for 4 years, compounded
annually?
22. Find the principal amount that will amount to $52,000 in 3 years at 7% per annum,
compounded annually.

23. How long will it take for a sum of $16,000 to double at 6% per annum, compounded
annually?

24. A sum of $105,000 grows to $160,000 in 4 years when compounded annually. Find the rate
of interest per annum.

25.
26. More Challenge Questions (Bonus 20)

27. Find the compound interest on $4,500 at 6% per annum for 3 years, compounded annually.

28. A sum of $7,500 is invested at 8% per annum for 4 years, compounded annually. Find the
amount.

29. What will be the compound interest on $20,000 at 9% per annum for 5 years, compounded
annually?

30. A principal of $25,000 is invested at 7% per annum for 4 years, compounded annually. Find
the final amount.

31. What is the compound interest on $38,000 at 10% per annum for 3 years, compounded
annually?

32. A deposit of $48,000 earns 5% per annum for 6 years, compounded annually. Find the
compound interest.

33. Find the amount after 5 years if $60,000 is invested at 4% per annum, compounded
annually.

34. How long will it take for $30,000 to triple at 7% per annum, compounded annually?

35. A sum of $90,000 becomes $120,000 in 3 years when compounded annually. Find the rate of
interest per annum.

36. Find the compound interest on $5,000 at 6% per annum for 2 years, compounded annually.

37. A sum of $14,000 is invested at 8% per annum, compounded annually for 4 years. Find the
amount.

38. What will be the compound interest on $19,000 at 9% per annum for 5 years, compounded
annually?

39. A principal of $27,000 is invested at 7% per annum for 4 years, compounded annually. Find
the final amount.

40. What is the compound interest on $34,000 at 10% per annum for 3 years, compounded
annually?

41. A deposit of $45,000 earns 5% per annum for 6 years, compounded annually. Find the
compound interest.

42. Find the amount after 5 years if $55,000 is invested at 4% per annum, compounded
annually.
43. How long will it take for $20,000 to triple at 6% per annum, compounded annually?

44. A sum of $78,000 becomes $110,000 in 4 years when compounded annually. Find the rate of
interest per annum.

45. A sum of $200,000 is invested at 8% per annum, compounded annually for 10 years. Find the
final amount.

46. A sum of $1,000,000 is invested at 5% per annum, compounded annually for 20 years. Find
the final amount.

You might also like