Math III Name______ID: 1 ©o z2I0o1g8s sKFuutSaP RS^offBtBwOa^rbeX zLgLbCl.z d uA\lSl` qrYidguhRtksi grJeSsNexrxv\e]dG. Compound Date______Period____ 1) Arjun invests $2,838 in a retirement 2) Matt invests $5,157 in a savings account account with a fixed annual of with a fixed annual interest rate of 3% 9% compounded 12 times per year. What compounded 4 times per year. What will will the account balance be after 18 years? the account balance be after 9 years?

3) Brenda invests $4,345 in a savings 4) Nicole invests $4,684 in a savings account account with a fixed annual interest rate of with a fixed annual interest rate of 8% 6% compounded continuously. What will compounded continuously. What will the the account balance be after 8 years? account balance be after 7 years?

5) Julia invests $3,097 in a savings account 6) Brenda invests $8,757 in a retirement with a fixed annual interest rate of 9% account with a fixed annual interest rate of compounded continuously. How long will 7% compounded continuously. How long it take for the account balance to reach will it take for the account balance to $9,119.67? reach $26,838.93?

7) Totsakan invests $4,015 in a savings 8) Sumalee invests $2,038 in a savings account with a fixed annual interest rate of account with a fixed annual interest rate of 9% compounded 3 times per year. How 9% compounded 2 times per year. How long will it take for the account balance to long will it take for the account balance to reach $8,161.67? reach $3,774.26?

9) James invests $1,063 in a savings account 10) Castel invests $6,313 in a savings account with a fixed annual interest rate with a fixed annual interest rate compounded 6 times per year. After 8 compounded 12 times per year. After 11 years, the balance reaches $2,007.45. years, the balance reaches $13,604.14. What is the interest rate of the account? What is the interest rate of the account?

11) Kayla invests $8,980 in a savings account 12) Lisa invests $5,734 in a savings account with a fixed annual interest rate with a fixed annual interest rate compounded continuously. After 11 years, compounded continuously. After 8 years, the balance reaches $21,649.88. What is the balance reaches $10,038.36. What is the interest rate of the account? the interest rate of the account?

13) Jennifer invests a sum of money in a 14) Eugene invests a sum of money in a savings account with a fixed annual savings account with a fixed annual interest rate of 2% compounded interest rate of 3% compounded continuously. After 8 years, the balance continuously. After 12 years, the balance reaches $4,763.28. What was the amount reaches $5,433.75. What was the amount of the initial investment? of the initial investment?

15) Cody invests a sum of money in a 16) Jenny invests a sum of money in a retirement account with a fixed annual retirement account with a fixed annual interest rate of 2% compounded 6 times interest rate of 6% compounded 2 times per year. After 15 years, the balance per year. After 19 years, the balance reaches $1,714.81. What was the amount reaches $22,046.20. What was the of the initial investment? amount of the initial investment? Worksheet by Kuta Software LLC ©H z2V0A1M8M RKuudtEaH ESKoAfTtgwJaBrIe_ RLALGCr.a F wAblulO LriipgqhzthsT rraewsBeqrUv\eodc.y Q HMAa^dceO FwSiRtDhj NIvn[fbiunKift^ea fPJr_eQcoaDlOczuclWujsi.