Money + reason - examples
Money or finance are an essential medium of exchange, a unit of account and store of value in modern society. Mathematical examples helps to get basic financial literacy.
- Dog price
Tereza agreed to get a dog and 6000 crowns a year for help in a dachshund breeding station. After eight months she had to finish work and got a dog and 2000 crowns. What price does a dog have?
Gross wage was 527 EUR including 16% bonus. How many EUR were bonuses?
One meter of the textile were discounted by 2 USD. Now 9 m of textile cost as before 8 m. Calculate the old and new price of 1 m of the textile.
What is better for people (employees)? ?
- Youth track
Youth track from Hronská Dúbrava to Banská Štiavnica which announced cancellation attracted considerable media attention and public opposition, has cost 6.3 euro per capita and revenue 13 cents per capita. Calculate size of subsidies to trip group of 28.
Increasing the minimum wage while maintaining the other parameters of the system, unemployment will be:
- When will I be a millionaire?
Shawn monthly send 220 euros to the bank, which he deposits bear interest of 2.4% p.a. Calculate how many months must Shawn save to save 1000000 euros? Inflation, interest rate changes or bank failures ignore.
- Cu thief
The thief stole 122 meters copper wire with cross-section area of 95 mm2. Calculate how much money gets in the scrap redemption, if redeemed copper for 5.5 eur/kg? The density of copper is 8.96 t/m3.
John paid 100 Euros in store for purchase. Calculate value added tax (VAT), which paid in purchase, if the VAT rate is 20%.
Julka has 3 cents more than Hugo. Together they have 27 cents. How many cents has Julka and how many Hugo?
When gas consumption, the consumer may choose one of two rates: rate A - which pays 0.4 € per 1 m3 of gas a flat monthly fee of 3.9 € (regardless of consumption) rate B - which pays 0.359 € per 1 m3 of gas a flat monthly fee of 12.5 € From what monthl
- Salary raise
Monthly salary was 2390 Eur. During the year it was raised to 2617 Eur. Calculate the month from salary was increased that employee earned 29361 Eur during whole year.
The monthly fee for the phone is 12 USD and for phone unit 0.08 USD. How much family pay phone in the first quarter Q1, if on January 1 had on the counter 97362 units and on April 1 97946 units.
- Compound interest
Calculate time when deposit in the bank with interest 2.5% p.a. doubles.
- Pension or fraud
Imagine that your entire working life working honestly and pay taxes and to Social Insurance (in Slovakia). You have a gross wage 730 Euros, you pay social insurance (you and your employer) monthly € 263 during 44 years and your retirement is 354 Eur.
Imagine a word solidarity means that salt donation to the needy, who have neither the salt. If we take word solidarity has word base salt + gift (only in Slovakian language). Calculate how many kilos of salt sympathetic citizen "gives" government a year i
- Stock market
Simon one day decided to invest € 62000 to the stock market. After six months he invested July 25 stock markets fell by 47%. Fortunately for Simon from July 25 5 to October 25 his shares have risen by 39%. Simon is then: ?
- Tea blend
Tea blends are maked from two kinds of tea. In standard tea mixture are two teas in the ratio 1:3 and 40 g costs 42 CZK. In the premium tea mixture are weighing two teas in the ratio 1:1 and 50 grams costs 60 CZK. How much cost 10 grams of more expensive k
- Discounts on rail (ZSSK)
The railway company ZSSK offers a discount of 15% (REGIONAL) for 5 Eur/year. Calculate the real discount rate as a percentage, where passengers will travel 19 Eur per week.
- Required reserves
Calculate what is the minimum amount of money that bank must hold in cash from your deposit 2750 Eur. How much money is ideally created in the banking system from your deposit if the level of minimum reserve requirement is 2.15%? Consider fractional re
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