Great in-class or homework assignment for students to practice solving compound interest problems. Includes six different word problems, three requiring the compound interest formula, and the other three requiring formulas for either the present value of a periodic or single deposit investment. Students are not told which formula to use for each problem; they should determine this themselves. Answer key is included for the teacher.

All of the formulas included in this worksheet can also be found in my Interest Formulas Cheat Sheet document in my store (available for free).