Simple vs Compound Interest (Year 11)
Free printable UK Year 11 (GCSE Foundation) maths worksheet comparing simple interest with compound interest on the same investment over several years.
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Grade 10 · Math worksheet
Name
Date
Math
Simple vs Compound Interest
For each investment, find the total value under simple interest AND under compound interest, then find the difference between them. Simple interest earns the same amount every year; compound interest earns interest on the interest already added.
- 1.£400 is invested for 2 years at 4% per year. Compare simple interest with compound interest: find the total value under each method, and how much more the compound investment is worth.
- 2.£800 is invested for 2 years at 8% per year. Compare simple interest with compound interest: find the total value under each method, and how much more the compound investment is worth.
- 3.£1000 is invested for 2 years at 10% per year. Compare simple interest with compound interest: find the total value under each method, and how much more the compound investment is worth.
- 4.£800 is invested for 2 years at 10% per year. Compare simple interest with compound interest: find the total value under each method, and how much more the compound investment is worth.
- 5.£500 is invested for 3 years at 10% per year. Compare simple interest with compound interest: find the total value under each method, and how much more the compound investment is worth.
- 6.£200 is invested for 4 years at 4% per year. Compare simple interest with compound interest: find the total value under each method, and how much more the compound investment is worth.
- 7.£200 is invested for 3 years at 5% per year. Compare simple interest with compound interest: find the total value under each method, and how much more the compound investment is worth.
- 8.£500 is invested for 4 years at 10% per year. Compare simple interest with compound interest: find the total value under each method, and how much more the compound investment is worth.
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