Also, try out:Compound Interest Calculator. Compound interest finds its usage in most of the transactions in the banking and finance sectors and other areas. Some of its applications are: Increase or decrease in population. The growth of bacteria. ...
To do compound-interest word problems, generally the only hard part is figuring out which values go where in the compound-interest formula. Once you have all the values plugged in properly, you can solve for whichever variable is left.What is an example of using the compound-interest formula...
Students will practice solving for Amount, Principal and interest rate and time in thecompound interest formula. Note:this is the more challenging worksheet anddoesrequire the use oflogarithms.Try our easier compound interest worksheet if you have not yet taught logs. Part I...