Name ______________________Date ____________Score ____ / 12
Compound and continuous interest practice
Compound and continuous interest · 1–12
Find the balance. Round to the nearest cent.
1.$2,600 is invested at 5.1% interest compounded continuously. Find the balance after 15 years.
2.$6,400 is invested at 6.8% interest compounded continuously. Find the balance after 3 years.
3.$6,800 is invested at 2.6% interest compounded continuously. Find the balance after 20 years.
4.$4,600 is invested at 3.8% interest compounded continuously. Find the balance after 8 years.
5.$4,500 is invested at 5.6% interest compounded continuously. Find the balance after 7 years.
6.$8,400 is invested at 1.6% interest compounded continuously. Find the balance after 19 years.
7.$2,800 is invested at 5.4% interest compounded continuously. Find the balance after 14 years.
8.$7,000 is invested at 1.1% interest compounded continuously. Find the balance after 20 years.
9.$4,300 is invested at 2.9% interest compounded continuously. Find the balance after 18 years.
10.$6,600 is invested at 4.2% interest compounded continuously. Find the balance after 9 years.
11.$9,600 is invested at 1.2% interest compounded continuously. Find the balance after 5 years.
12.$9,600 is invested at 6.5% interest compounded continuously. Find the balance after 20 years.
Answer key — Compound and continuous interest practice
Compound and continuous interest
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