Money + geometric progression - practice problems
Number of problems found: 60
- Compound interest
Calculate the time when the deposit in the bank with interest 2.6% p.a. doubles. - The machine
The annual depreciation of the machine is 10%. After eight years, the machine is worth 697 euros. What was the price of this machine at the time of purchase? - Machine
The price of the new machine is € 65000. Every year is depreciated 12% of residual value. What will be the value of the machine after 2 years? - Depreciated 37171
The initial price of the machine is 23,000 euros. Every year, 12% of its cost is depreciated due to wear and tear. What value will the machine have after six years? - Computer
The school purchased the computer 10000. Each year, the price of a computer always depreciates the same percentage as the previous year. After four years, the value of the computer is reduced to 1300. How much percent was the declining price of the comput - Sale
If the product was twice price cut by 25%, what percentage was the price cut in total? - Rate or interest
At what rate percent will Rs.2000 amount to Rs.2315.25 in 3 years at compound interest? - Sum of money
On a certain sum of money, invested at the rate of 10% compounded annually, the difference between the interests of the first year and the third year is 315. Find the sum. - Increased 2472
The price of skis increased twice from May to December, always by 20%. In December, the skis cost 1440 SKK. What was the original price in May? - A man 12
A man in his will shared his money geometrically among his six sons, so the eldest son received ; 5,589 and the youngest son received ; 736. (A)How much will the fourth son receive? (B)How much was shared among them - Interest compounded annually
If you deposit $4500 at 5% annual interest compounded annually, how much money will be in the account after ten years? - Interest
Calculate how much you earn for 10 years 43000 deposit if the interest rate is 1.3% and the interest period is a quarter. - Saving problem
We want to save €25,000. We deposit €3,000 annually, and the interest is 4.4% (interest tax is 19%). How many years do we have to save? - Account operations
My savings of PHP 90,000 in a bank earns 6% interest in a year. If I deposit an additional PHP 10,000 at the end of 6 months, how much money will be left if I withdraw PHP 25,000 after a year? - Installment 38011
We borrowed CZK 150,000 at a monthly interest rate of 2%. At the end of each month, interest is added, and we immediately pay an installment of CZK 30,000. How much will we owe in 5 months? - Beginning 34991
At the beginning of the year, the company had CZK 5,000,000 in its account. He has the money saved at a 16% interest rate. How much was the interest for the first year? How much was the interest for the second year? - Entrepreneur 22941
Entrepreneur Zahourek deposited 450,000 into the bank's account with 4.5% annual interest. Calculate what the amount will be on the deposit account after three years. - Installment 62884
It is to be paid annually 12x 1935 CZK. The third installment is not paid - it is 2.5 permille per day. What debt will be incurred at the end of the year? - Annual interest
A loan of 10 000 euros is to be repaid in annual payments over ten years. Assuming a fixed 10% annual interest rate compounded annually, calculate: (a) the amount of each annual repayment (b) the total interest paid. - Reducing balance method
A company buys an item having a useful life of 10 years for 1,000,000. If the company depreciates the item by the reducing balance method, a. find the depreciation for the first year. b. Estimate the depreciation for the second and third years. c. What is
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