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Extra practice for Year 12 Simple and Compound Interest Worksheet — Level 2: the same skill with fresh questions.

WorksheetYear 12Level 2 · Standard

Free Year 12 Simple and Compound Interest Worksheet — Level 2 — Practice Set 3

Practice Set 3 for Year 12 Simple and Compound Interest Worksheet — Level 2: the same skill and level with a fresh set of questions and a full answer sheet.

More practice: Set 1 · Practice Set 2 · Practice Set 4 — same skill, fresh questions, full answers.

Instant download · No sign-up · Free for personal, classroom and homeschool use

Year
Year 12
Subject
Maths
Topic
Financial Mathematics
Difficulty
Level 2 · Standard
Estimated time
20 minutes
Curriculum
New Zealand Curriculum
Questions
8
Answers
Included, with working
Format
PDF (A4) + print

Students will practise

  • calculating simple interest
  • calculating compound interest
  • comparing simple and compound interest

Curriculum: New Zealand Curriculum. We show specific outcome codes only where they have been verified against the official curriculum document.

What's next?

Completed: Year 12 Simple and Compound Interest Worksheet — Level 2 — Practice Set 3

  1. 1Year 12 Simple and Compound Interest Worksheet — Level 3
← Easier: Level 1 · EasierHarder: Level 3 · Challenge →Study guide

How to use this worksheet

  1. Print the PDF or complete it on screen. Write the student's name and date at the top.
  2. Read the instructions for each part together before starting. Encourage working to be shown, not just answers.
  3. Mark with the answer sheet. Compare the method, not only the final answer, and give credit for correct working.
  4. Record the score, celebrate what went well, then follow the "What's next" suggestion.

Common questions

Who is this worksheet for?

Year 12 students (typically ages 16–17) working on financial mathematics. It is pitched at level 2 · standard; an easier version and a harder version are linked above.

Are the answers included?

Yes. The PDF includes a full answer sheet with the working for every question. You can also view the answers online.

How long does it take?

About 20 minutes for 8 questions. Short, regular sessions work best: two or three a week beats one long one.

Do I need to sign up to download?

No. Click Download Free PDF and it opens immediately. It is free for personal, classroom and homeschool use.

What should we do next?

Try Year 12 Simple and Compound Interest Worksheet — Level 3.

Preview

Success TutoringWorksheetsYear 12 · Mathematics · Financial Mathematics

Year 12 Simple and Compound Interest Worksheet — Level 2 — Practice Set 3

Name

Date

Score /

Show your working. Write the rate as a decimal (5% = 0.05). Round money to the nearest cent.

1.$14,000.00 is invested at 4.5% per year, compounded yearly, for 6 years. Find the final amount and the interest earned, to the nearest cent.
2.$15,000.00 is invested at 6% per year, compounded yearly, for 5 years. Find the final amount and the interest earned, to the nearest cent.
3.$10,500.00 is invested at 8% per year, compounded yearly, for 4 years. Find the final amount and the interest earned, to the nearest cent.
4.Find the simple interest on $8,750.00 invested at 3% per year for 6 years. What is the total value at the end?
5.Find the simple interest on $7,750.00 invested at 2.5% per year for 4 years. What is the total value at the end?
6.$9,000.00 is invested at 2.5% per year, compounded yearly, for 6 years. Find the final amount and the interest earned, to the nearest cent.
7.$2,250.00 is invested at 5% per year, compounded yearly, for 4 years. Find the final amount and the interest earned, to the nearest cent.
8.$14,250.00 is invested at 6% per year, compounded yearly, for 5 years. Find the final amount and the interest earned, to the nearest cent.
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Preview — the PDF contains the full resource and answer sheet.

More Year 12 financial mathematics resources

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    Year 12 Simple and Compound Interest Worksheet — Level 2

    Calculate simple interest with I = Prn, then compound interest with A = P(1 + r)ⁿ, and compare the two. Expected-level practice for this…

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    Time
    20 min
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    Answers
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  • Worksheet

    Year 12 Simple and Compound Interest Worksheet — Level 3

    Calculate simple interest with I = Prn, then compound interest with A = P(1 + r)ⁿ, and compare the two. A challenge set for students ready…

    Difficulty
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    Time
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Financial Mathematics in other year levels

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About this resource

Created by
Success Tutoring Maths Team
Reviewed by
Success Tutoring
Last reviewed
1 October 2026
How it was made
Generated by checked procedures

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