# Savings

The depositor regularly wants to invest the same amount of money in the financial institution at the beginning of the year and wants to save 10,000 euros at the end of the tenth year. What amount should he deposit if the annual interest rate for the annual interest period is 2% and the interest tax is 19%? Assume that the depositor will not withdraw deposits or interest during the entire savings period and the annual interest rate will always be the same.

**Correct result:****Showing 0 comments:**

Tips to related online calculators

Our percentage calculator will help you quickly calculate various typical tasks with percentages.

Do you want to convert time units like minutes to seconds?

Do you want to convert time units like minutes to seconds?

#### You need to know the following knowledge to solve this word math problem:

## Next similar math problems:

- Account operations

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? - Deposit

If you deposit 719 euros the beginning of each year, how much money we have at 1.3% (compound) interest after 9 years? - 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%. - Annual interest

A loan of 10 000 euro is to be repaid in annual payments over 10 years. Assuming a fixed 10% annual interest rate compounded annually, calculate: (a) the amount of each annual repayment (b) the total interest paid. - Annual pension

Calculate the amount of money generating an annual pension of EUR 1000, payable at the end of the year and for a period of 10 years, shall be inserted into the bank to account with an annual interest rate of 2% - Profitable bank deposit 2012

Calculate the value of what money lose creditor with a deposit € 9500 for 4 years if the entire duration is interest 2.6% p.a. and tax on interest is 19%. Annual inflation is 3.7% (Calculate what you will lose if you leave money lying idle at negative int - Slow saving in banks

How long will it take to save € 9,000 by depositing € 200 at the beginning of each year at 2% interest? - 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. - When will I be a millionaire?

Barry monthly send 280 euros to the bank, which he deposits bear interest of 2.1% p. A. Calculate how many months must Barry save to save 1000000 euros? Inflation, interest rate changes, or bank failures ignore. - Volume of wood

Every year, at the same time, an increase in the volume of wood in the forest is measured. The increase is regularly p% compared to the previous year. If in 10 years the volume of wood has increased by 10%, what is the number p? - Loan

Apply for a $ 59000 loan, the loan repayment period is 8 years, the interest rate 7%. How much should I pay for every month (or every year if paid yearly). Example is for practise geometric progression and/or periodic payment for an annuity. - If you 3

If you deposit $4500 at 5% annual interest compound quarterly, how much money will be in the account after 10 years? - Present value

A bank loans a family $90,000 at 4.5% annual interest rate to purchase a house. The family agrees to pay the loan off by making monthly payments over a 15 year period. How much should the monthly payment be in order to pay off the debt in 15 years? - Deposit is pesos

Sally deposits Php.22,000 in her savings account. If the bank pays 1.5% interest per year, how much will she receive at the end of the year? - Future value

Suppose you invested $1000 per quarter over a 15 years period. If money earns an anual rate of 6.5% compounded quarterly, how much would be available at the end of the time period? How much is the interest earn? - Compound interest

Compound interest: Clara deposited CZK 100,000 in the bank with an annual interest rate of 1.5%. Both money and interest remain deposited in the bank. How many CZK will be in the bank after 3 years? - Investment

1000$ is invested at 10% compound interest. What factor is the capital multiplied by each year? How much will be there after n=12 years?