What is a Compound Interest?
In compound interest, interest is generated on both the initial primary investment and the interest that has already been made on the investment. Depending on the terms and circumstances of the investment, there are several time periods for which interest can be compounded.
How will the “Compound Interest Worksheet” will help you?
This worksheet will help learners in deepening their knowledge about understanding compound interest.
The activities in this worksheet will practice the learner’s understanding and comprehension of solving compound interest. In addition to this, they can also practice their solving in the activities.
Lastly, the answer key in the last part of this worksheet will enable the learner to check their work or answers in the activities. This can help them in assessing their mistakes if there are any.
Instructions on how to use the “Compound Interest Worksheet”
In the first part, there will be a discussion regarding the concepts and lectures the learners need to know
After the discussion, an activity will be provided for the learner to apply their learning to the discussion. This part will practice the learners’ skills, comprehension, and evaluation. The last activity is a reflective section. It is provided to help the learner think and assess how they performed in the lesson.
At the end of the worksheet will be the answer keys to the activities. The learner will be able to check if they answered correctly or not.
Conclusion
Learning how to solve compound interest is important in improving your knowledge and comprehension. Use this worksheet as a stepping stone in learning and practising your skills.
If you have any questions or comments, please let us know.