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Grade 8 · Year 9 · Class 8 · ages 13–14

Compound interest for 2 years worksheets.

Free printable compound interest for 2 years worksheets with answer keys. Finding the amount when interest is added at the end of each year. Choose the level and the number of questions, then download a PDF or print.

  • Grade 8
  • Year 9 · Class 8
  • Ages 13–14
  • PDF + print
  • Answer key
  • Free
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Sheet 82053. Change the options above or make a new worksheet.

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Compound interest for 2 years

Grade 8 · Medium · 12 questions · Sheet 82053

Name Date Score / 12

  1. 1.₹11,200 is invested at 20% a year, compounded yearly, for 2 years. The amount is ₹
  2. 2.₹12,000 is invested at 20% a year, compounded yearly, for 2 years. The amount is ₹
  3. 3.₹8,800 is invested at 5% a year, compounded yearly, for 2 years. The amount is ₹
  4. 4.₹2,800 is invested at 20% a year, compounded yearly, for 2 years. The amount is ₹
  5. 5.₹5,200 is invested at 10% a year, compounded yearly, for 2 years. The amount is ₹
  6. 6.₹8,800 is invested at 25% a year, compounded yearly, for 2 years. The amount is ₹
  7. 7.₹11,600 is invested at 20% a year, compounded yearly, for 2 years. The amount is ₹
  8. 8.₹4,800 is invested at 20% a year, compounded yearly, for 2 years. The amount is ₹
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Compound interest for 2 years

Grade 8 · Medium · 12 questions · Sheet 82053

Name Date Score / 12

  1. 9.₹5,600 is invested at 25% a year, compounded yearly, for 2 years. The amount is ₹
  2. 10.₹10,000 is invested at 20% a year, compounded yearly, for 2 years. The amount is ₹
  3. 11.₹6,400 is invested at 5% a year, compounded yearly, for 2 years. The amount is ₹
  4. 12.₹3,600 is invested at 10% a year, compounded yearly, for 2 years. The amount is ₹
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About compound interest for 2 years worksheets

Finding the amount when interest is added at the end of each year. This worksheet maker is aimed at Grade 8 (Year 9, Class 8) (ages 13–14) and makes new questions every time, with the answers worked out by a maths engine.

Teaching tip

Multiply by (100 + rate) ÷ 100 once for each year. The second year earns interest on the first year's interest too.

What the three levels look like

  • Easy: ₹2,400 is invested at 20% a year, compounded yearly, for 2 years. The amount is ₹ ___
  • Medium: ₹9,200 is invested at 25% a year, compounded yearly, for 2 years. The amount is ₹ ___
  • Challenge: ₹13,200 is invested at 10% a year, compounded yearly, for 2 years. The amount is ₹ ___

Keep going

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FAQ

Compound interest for 2 years worksheets: questions

What grade are compound interest for 2 years worksheets for?

Compound interest for 2 years is usually taught around Grade 8 (Year 9, Class 8), for ages 13–14. Every grade has an easy, medium and challenge level, so you can go back to an earlier level or push ahead.

Do these compound interest for 2 years worksheets include an answer key?

Yes. Press Download PDF with the answer key switched on and the last page lists every answer. Turn the key off for a clean student copy.

Can I make a new worksheet with different questions?

Yes. Press New worksheet for a fresh set of questions. Each sheet has a sheet number printed on it; open this page with the same level, question count and number to get exactly the same sheet again.

How do I help a child who finds compound interest for 2 years hard?

Multiply by (100 + rate) ÷ 100 once for each year. The second year earns interest on the first year's interest too. Start with the easy level, and practise a few minutes every day rather than one long session.

What is a quick way to find a percentage of a number?

Find 10% by dividing by 10, then build the others: 5% is half of 10%, 20% is double 10% and 25% is a quarter.

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