Simple and Compound Interest
A senior study guide comparing simple interest (I = Prn) with compound interest (A = P(1 + r)ⁿ), including compounding more often than…
- Difficulty
- Level 2 · Standard
- Time
- 25 min
1 free number resources for Year 12: 1 study guide. Answers included.
We're still adding resources here. Try the search or browse a nearby year level below.
Counting, place value, the four operations and number properties. In Year 12, Year 12 is the first year of senior study.
Students will practise: calculating simple interest and the final amount with I = Prn; calculating compound interest with A = P(1 + r)ⁿ, matching the rate to the compounding period; finding the principal or the time needed to reach a target amount; comparing simple and compound interest over the same period.
Clear explanations, examples and tips.
A senior study guide comparing simple interest (I = Prn) with compound interest (A = P(1 + r)ⁿ), including compounding more often than…
Counting, place value, the four operations and number properties. At Year 12, our resources focus on: calculating simple interest and the final amount with I = Prn; calculating compound interest with A = P(1 + r)ⁿ, matching the rate to the compounding period; finding the principal or the time needed to reach a target amount; comparing simple and compound interest over the same period.
Read the study guide first, then start with the Level 1 or Level 2 worksheet. Finish with the topic test.
Yes — every worksheet has an answer sheet. Maths answer sheets show the working; English tasks include model answers or success criteria.
Need something specific?
Generate a custom number worksheet with the exact level and number of questions you want.
Create a worksheet