Interest Word Problems

Many students find interest word problems difficult. At TuLyn, we created word problems on interest to help you better understand interest.

Compound Interest Word Problems

Practice compound interest word problems.

Interest Rate Word Problems

Practice interest rate word problems.

Principal Sum Word Problems

Practice principal sum word problems.

Simple Interest Word Problems

Practice simple interest word problems.

Submit your word problem on interest:

Are you looking for interest word problems? TuLyn is the right place. We have tens of word problems on interest and hundreds on other math topics.

Below is the list of all word problems we have on interest.

Interest Word Problems

• \$24,000 was invested in two accounts (#2636)
\$24,000 was invested in two accounts. One account earned 8% annual interest and the other earned 9%. The total annual interest earned was \$2020...
interest
• At age 27, Jill deposited \$4,000 into an IRA (#2193)
At age 27, Jill deposited \$4,000 into an IRA, where it earns 9 7/8% interest compounded ...
compound interest, interest
• Compound Interest (#5720)
suppose you invest \$1000 at 8% compounded semi-annually.  estimate how many years it takes the investment to grow to \$2500
compound interest, interest
• Compound Interest (#6631)
principal amount=6000, time=2 years, rate=8% find the compond interest compuonded yearly
compound interest, interest
• Compound Interest (#10231)
Aaron deposits \$500 in a savings account paying 6% interest, compounded ...
compound interest, interest
• Donna invested her bonus (#3508)
Donna invested her \$33,000 bonus and received a total of \$970 in interest after one year.  If part of the money returned 4% and the reminder 2...
interest rate, interest
• Find the simple interest earned (#486)
Find the simple interest earned on a principal \$1,400 at an annual interest rate of 6...
simple interest, interest
• If \$525 is deposited in an account (#2230)
If \$525 is deposited in an account paying 8.9% annual interest, compounded ...
compound interest, interest
• If a 23% interest rate (#3400)
If a 23% interest rate is for a ...
interest, interest rate
• If Ben invests 4000 at 4% interest per year (#2745)
If Ben invests 4000 at 4% interest per year, how much additional money must he invest at 5.5% annual interest to ensure that the interest he receives each year is 4...
simple interest, interest
• Interest (#6205)
John has a credit card from Bagel Bank and another from Arctic Bank.  He has a total of \$1,190 charged on his credit cards.  Bagel Bank charges 15% simple interest per year and Arctic Bank charges 16% per year.  The yearly interest charge John needs to pay is \$183.90...
interest
• Interest (#6968)
Carlos invested \$7,625, part at 8% annual interest and the rest at 6.5% annual interest. In the same amount of time, he earned three times as much interest from the 6.5% investment as he did from the 8% investment. How much money did he have invested at 6...
interest
• Interest (#7276)
Sharon invested \$20,000, part at 5% and part at 7% simple interest for one ...
interest
• Interest (#7407)
karen paid \$48 on an item that was originally \$62...
interest
• Interest (#7957)
Kim  borrowed \$10,000 to pay her childs education. Kim must repay the loan in 11 months in one payment  with 61/2% ...
interest
• Interest (#8731)
How much moeny did a man borrow at 6% per year if, at the end of 3 years, he repaid \$2...
interest
• Interest (#9143)
The Computer CLub invested \$2200, part at 4.5% interest and the rest at 7%. The total annual interest earned was \$144...
interest
• Interest (#10139)
You deposit \$4280 into a savings account that earns 1.75% intrest compounded anually. Use a calculator to find the balance of the account after 8 years. Round your answer to the nearest cent
interest
• Interest Rate (#5550)
Mr. Smith deposited some money in a savings account paying 4% simple interest. He deposited twice that amount in a CD paying 6.5% simple interest. If the total interest from the two accounts is \$850 for 1 ...
interest rate, interest
• Interest Rate (#7134)
If a discount of 20% off the retail price of a desk saves Mark \$45.00...
interest rate, interest
• Interest Rate (#7408)
Joe Parker borowed \$7645, part at 8% interest from the Credit Union and the remainder from his brother for 6.5% interest. In the same amount of time, he paid three times as much interest from the 6.5% loan as he did from the 8% ...
interest rate, interest
• Interest Rate (#7714)
ms. brown invested 3 times as much at 12% as she did at 11%. the total amount of interest she earns in 1 year from both accounts is 940...
interest rate, interest
• Interest Rate (#9187)
\$1000 is your Prncipal sum. Interest rate is 6% how much interest did you earn in 2 years
interest rate, interest
• Irwin invested \$2,500 in a company (#2715)
Irwin invested \$2,500 in a company. 18 months later he had received \$581.25 in ...
interest
• Josie places \$2400 in a bank account (#487)
Josie places \$2400 in a bank account for a period of two years and six months at a simple annual interest rate of 4.7%...
simple interest, interest
• Khaild invests \$6750 at 8.5 per annum (#3198)
Khaild invests \$6750 at 8.5 per ...
simple interest, interest
• Larry has \$2600 to invest (#2643)
Larry has \$2600 to invest and needs \$3100 in 11 years. What annual rate of return will he need to get in order to accomplish his ...
compound interest, interest
• Larry has 41300 to invest (#2251)
Larry has 41300 to invest and needs \$1800 in 12 ...
compound interest, interest
• On May 1 Gerry opened a savings account (#3235)
On May 1 Gerry opened a savings account that paid 4.5% interest at Forever Broke Savings Band with a deposit of \$600. Ten days later he deposited \$1000. Five days later he deposited \$500. No other deposits or withdrawls wew made. Fifteen days later the bank calculated the daily interest.

a. How much simple interest did he earn?
...
simple interest, interest
• Simple Interest (#4561)
an investment of 4600 is made at an annual simple rate of 6.8%. how much additional must be invested at an annual simple rate of 9% so that the total earned is 8% of the total investment
simple interest, interest
• Simple Interest (#6264)
Paul nagel invested some money at 3.5% simple interest and \$1000 more than that amount at 5% simple interest. After i year, his total interest from the two accounts was \$560...
simple interest, interest
• Simple Interest (#6796)
A person has \$18000 to invest. She invests part of it at 8% and part at 5%. How much is invested at each rate if the interest earned on the 8% investment is \$510...
simple interest, interest
• Simple Interest (#7483)
You have \$50,000 to invest, and two funds that you'd like to invest in. The You-Risk-It Fund (Fund Y) yields 14% interest. The Extra-Dull Fund (Fund X) yields 6% interest. Because of college financial-aid implications, you don't think you can afford to earn more than \$4,500 in interest income this year. How much should you put in each fund?"
simple interest, interest
• Simple Interest (#7635)
If interest is compounded continuously at 4.5% for 7 ...
simple interest, interest
• Simple Interest (#8343)
Find the total amount owed after 6 months on a loan of \$900 at an annual simple intrest rate of 8...
simple interest, interest
• Simple Interest (#9227)
Ally went to buy a car for 1500. He borrowed that money from the bank and owes them a 5% interest, every 5 ...
simple interest, interest
• Terry`s investment of \$2,200 in the stock market (#2399)
Terry's investment of \$2,200 in the stock market earned \$528 in two ...
simple interest, interest
• What is the value after 8 years (#2559)
What is the value after 8 years of \$5...
compound interest, interest