Installment 38011
We borrowed CZK 150,000 at a monthly interest rate of 2%. Interest is added at the end of each month, and we immediately pay an installment of CZK 30,000. How much will we owe in five months?
Final Answer:
Tips for related online calculators
Our percentage calculator will help you quickly and easily solve a variety of common percentage-related problems.
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:
algebrabasic operations and conceptsUnits of physical quantitiesthemes, topicsGrade of the word problem
Related math problems and questions:
- A vendor 3
A vendor borrowed PHP 150,000 from their cooperative. The rate of interest was 11.5% a year. How much interest does he pay to the bank at the end of one year? - Beginning 31671
At the beginning of the year, Mr. Novák borrowed CZK 30,000 for two years with an interest rate of 11.8%. He will repay the debt at once after two years. The bank pays interest once a year, always at the end of the year. How much does Mr. Novák have to re - Interest rate
We borrowed CZK 50,000. The annual interest rate was 6%. We have to repay the entire debt in 5 years. How much will we pay? (use the compound interest relationship). - You take
You take out a 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? - Borrowed 82069
You borrowed €2000 for 3 months. What amount must you pay back if the lender charges a 15% interest rate per annum? - Grandparents
The grandfather set aside €1200 for savings. At the beginning of each month, he deposited €100 in the bank at an interest rate of 3%p. A. At the end of the year, he had €1,219.68 in the bank. Grandma immediately put the entire amount of €1,200 into the ba - Saving 9
An amount of $2000 is invested at an interest of 5% per month. If $200 is added at the beginning of each successive month but no withdrawals are made, give an expression for the value accumulated after n months. After how many months will the accumulated
