Bank

Paul put 10000 in the bank for 6 years. Calculate how much you will have in the bank if he not pick earned interest or change deposit conditions. The annual interest rate is 3.5%, and the tax on interest is 10%.

Result

x =  12045.2

Solution:

Solution in text x =

Try another example






Leave us a comment of this math problem and its solution (i.e. if it is still somewhat unclear...):

Showing 0 comments:
1st comment
Be the first to comment!
avatar




To solve this verbal math problem are needed these knowledge from mathematics:

Next similar examples:

  1. Account operations
    penize_49 My savings of php 90,000 in a bank earns 6% interest in a year. If i will deposit 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?
  2. Population
    population_2 What is the population of the city with 3% annual growth, if in 10 years the city will have 60,000 residents?
  3. Geometric progression 2
    exp_x There is geometric sequence with a1=5.7 and quotient q=-2.5. Calculate a17.
  4. Geometric sequence 4
    Koch_Snowflake_Triangles It is given geometric sequence a3 = 7 and a12 = 3. Calculate s23 (= sum of the first 23 members of the sequence).
  5. Tenth member
    10 Calculate the tenth member of geometric sequence when given: a1=1/2 and q=2
  6. Saving 9
    penize_40 An amount if $ 2000 is invested at an interest of 5% per month. if $ 200 is added at the beginning of each successive month but no withdrawals. Give an expression for the value accumulated after n months. After how many months will the amount have accumula
  7. Virus
    virus We have a virus that lives one hour. Every half hour produce two child viruses. What will be the living population of the virus after 3.5 hours?
  8. Six terms
    sequence_geo_3 Find the first six terms of the sequence a1 = -3, an = 2 * an-1
  9. Theorem prove
    thales_1 We want to prove the sentence: If the natural number n is divisible by six, then n is divisible by three. From what assumption we started?
  10. Sequence - 5 members
    schody Write first five members of the sequence ?
  11. A perineum
    sequence_geo_9 A perineum string is 10% shorter than its original string. The first string is 24, what is the 9th string or term?
  12. GP - 8 items
    fn Determine the first eight members of a geometric progression if a9=512, q=2
  13. Sequence
    mandlebrot Find the common ratio of the sequence -3, -1.5, -0.75, -0.375, -0.1875. Ratio write as decimal number rounded to tenth.
  14. GP members
    sequence_geo_8 The geometric sequence has 10 members. The last two members are 2 and -1. Which member is -1/16?
  15. Logarithm
    log_hat Determine the number whose decimal logarithm is -3.8.
  16. Five members
    pst3.JPG Write first 5 members geometric sequence and determine whether it is increasing or decreasing: a1 = 3 q = -2
  17. Geometric progression 4
    square_rot_1 8,4√2,4,2√2