Simple Interest Worksheets With Answers

Interest rates will vary based on their tax treatment
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Calculating simple interest in an essential skill for anyone who maintains a bank account, carries a credit card balance, or applies for a loan. The worksheets, crosswords, and other resources will improve your homeschool math lessons and help your students become better at calculations. 

Confused by simple interest calculations? This collection of free printable worksheets will help students understand the process using word problems. Answers are provided for each of the five worksheets on the second page.

Simple Interest Worksheet 1

Worksheet 1 of 5
D. Russell

In this exercise, students will answer 10-word questions about calculating interest. These exercises will help homeschoolers learn how to calculate the rate of return on investments and illustrate how interest can accrue over time. Remember to use this tip sheet to help calculate.

Simple Interest Worksheet 2

Worksheet 2 of 5
D. Russell

These 10 questions will reinforce the lessons from Worksheet #1. Homeschoolers will learn how to calculate rates and determine interest payments over.

Simple Interest Worksheet 3

Worksheet 3 of 5
D. Russell

Use these word questions to continue practicing how to calculate simple interest. Students can also use this exercise to learn about principal, rate of return, and other terms commonly used in finance.

Simple Interest Worksheet 4

Worksheet 4 of 5
D. Russell

Teach your students the basics of investing and how to determine which investments will pay the most over time. This worksheet will help your homeschoolers polish their calculating skills.

Simple Interest Worksheet 5

Worksheet 5 of 5
D. Russell

Use this final worksheet to review the steps for calculating simple interest. Take time to answer questions your homeschoolers may have about how banks and investors use interest calculations.