Money + exponential function - practice problems
Number of problems found: 84
- Double of principal
How long will it take for the principal to double at 12.25% annual interest? - Car value
The car loses value by 15% every year. Determine a time (in years) when its price will halve. - Maturity value
IKEA Furniture can purchase furniture with a three-year simple interest loan at 8% interest per year. What is the maturity value of a 3500 loan? - Two years
Roy deposited 50,000.00 into his account, paying 4% annual interest compounded semi-annually. How much is the interest after two years? - Compounded monthly
Find the compound amount if Php 150,000.00 is deposited in a bank paying 9% p.a. compounded monthly for three years. - You take
You take out Php 20000 loan at a 5% interest rate. If the interest is compounded annually, a. Give an exponential model for the situation b. How much Will you owe after ten years? - How much 2
How much money would you need to deposit today at 5% annual interest compounded monthly to have $2000 in the account after nine years? - If you 4
If you deposit $2500 in an account paying 11% annual interest compounded quarterly, how long until there is the $4500 in the account? - Enterprise
The value of the annual production enterprise is 7.1 million USD. The average annual growth rate is 1.5%. What will be the value of production at the end of the fifth year? - Interest
What is the annual interest rate on your account if we put 32790 and after 176 days received 33939.2? - Depreciation 5990
The price of the car was € 15,000. What will be the price of a car with an annual depreciation of 1% in 8 years? - Loan 4
Mr. Santos borrowed Php.18,000 at 1.5% interest for one year. What was the total amount he paid for the end of the 1-year term? - Interest rate
At what annual interest rate would we get an interest of 60 euros on a deposit of € 6,000 for three months? - The balance 2
If your balance at the end of 4 years is 50000, at a 5% interest rate, What was your original investment? - What amount
What amount of money will be required to repay a loan of $30000 on June 1, 2008? If the loan was made on September 1, 2001, at the interest rate of 14% compounded quarterly. - Principal 82010
Calculate the interest rate if the principal amount of 500 is 5 euros in interest in 5 months. - Interest 29731
How much interest will the savings bank credit to the deposit of CZK 25,000 in 1 year at an annual interest rate of 2.5%? - Deposit 3
After a year, Martin had on bank account € 1559. What was the interest rate when the initial deposit was € 1409? - Deposit account
How much money will be in the account after ten years if you deposit $4500 at a quarterly 5% annual interest compound? - Simple interest
Peter put into bank $x euros deposit. After $n years on account, overall was $y euro. What was the interest rate if the bank added simple interest?
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