Mastering Percentages: Compound Interest
Mathematics
Grade 8
12 questions
~24 mins
0 views0 downloads
About This Worksheet
A worksheet covering Percentages: Compound Interest, focusing on ratio, proportion, and rates of change for Grade 8 students.
Topics covered:
Worksheet Preview
Full preview • 12 questions
Mastering Percentages: Compound Interest
Subject: MathematicsGrade: Grade 8
Name:
Date:
Untitled Worksheet
Grade Grade 8
A
Practice Questions
Answer all questions. Show your working in the grid spaces provided.
1.
Calculate the amount accumulated after 3 years if $1000 is invested at an annual compound interest rate of 5%.
[3 marks]2.
What is the compound interest earned on $1500 after 4 years at an annual rate of 6%?
[3 marks]3.
If $2000 grows to $2420 in 2 years, what is the annual compound interest rate?
[3 marks]4.
A sum of money triples in value in 5 years with compound interest. What is the annual interest rate?
[3 marks]5.
If you invest $500 at an annual compound interest rate of 4%, how much will it be after 5 years?
[3 marks]6.
A loan of $10,000 accumulates to $12,100 in 3 years. What is the annual interest rate?
[3 marks]7.
A savings account offers 3.5% interest compounded annually. How much will $2000 grow to after 4 years?
[3 marks]8.
If the principal is $2500 and the interest earned in 2 years is $300, what is the annual interest rate?
[3 marks]9.
A car loan of $15,000 accrues interest to become $17,250 in 3 years. Calculate the annual compound interest rate.
[3 marks]10.
A person invests $2000 at an annual interest rate of 4.5%. How much interest will they earn after 6 years?
[3 marks]11.
Challenge: A house valued at $250,000 appreciates at a rate of 4% compounded annually. What will its value be after 10 years?
[4 marks]12.
Real-world Application: An investment of $5000 grows to $6500 in 3 years. Calculate the annual compound interest rate and explain your reasoning.
[4 marks]Quick Actions
What is Remix?
Create a new worksheet based on this one. Change the grade level, topic, number of questions, or difficulty - then generate a fresh version.
- • Change grade level (Grade 6 → Grade 7)
- • Swap topics (Harry Potter → Macbeth)
- • Add more questions (10 → 15)
- • Adjust difficulty
Related Worksheets
Details
- Created
- 12/30/2025
- Updated
- 12/30/2025
- Type
- worksheet