- Find = Interest Earned, Answer = $1850.00
- Find = Final Amount, Answer = $9850.00
- Find = Principal, Answer = $3750.00
- Find = Original Investment, Answer = $5208.33
- Find = Amount after Second Deposit Matures, Answer = $6845.08
- Find = Final Amount for Alexie, Answer Aexie = $13458.74
- Find = Final Amount for Meja, Answer Meja = $13750.95
- Find = Difference in Earnings, Answer = $292.21
- Find = Present Value (Amount to Invest Now), Answer = $10615.75
- Find = Present Value (Amount to Invest Now), Answer = $14881.88
- Find = Interest Earned, Answer = $5118.12
- Find = Initial Investment (Principal), Answer = $2083.33
Parent Tip: Review the logic above to help your child master the concept of simple and compound interest word problems worksheet.