Governments 41931
Father put €600 in a bank that pays government interest at a rate of 3%p. A. Grandfather put €610 in a bank that will make governments at a rate of 2%p. A. Which will have more money if they withdraw from the bank after one year?
Correct answer:
Tips for 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:
Units of physical quantities:
Grade of the word problem:
Related math problems and questions:
- Deposit withdrawal
Paul deposited 1,750 euros in the bank at an interest rate of 2.60 percent. He wants to withdraw the money after 9 months. A) How much would he earn in interest? (withdrawal is free of charge.) B) How much will he receive if the interest is taxed at 19%? - 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? - Deposit in the bank
After the summer job, you saved € 800 in the bank. The interest rate is 4% p. a. Interest on the deposit is taxed at 15% withholding tax. How much can you withdraw after three months? - 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
- Withdraw 37161
We will put € 8,500 into the bank at 1.3% interest, and we want to withdraw € 8,700. How many years do we have to wait? Round to 2 decimal places. - Bank
Paul put 10000 in the bank for 6 years. Calculate how much you will have in the bank if he does not pick earned interest or change deposit conditions. The annual interest rate is 3.5%, and the tax on interest is 10%. - Combined interest
Combined interest: Carol has deposited CZK 100,000 in the bank with an annual interest rate of 1.5%. The money was put into the account on 5.5.2016 and withdrawn all before Christmas on 20.12.2016. How much money did she withdraw? - Christmas 7392 The parents won 12,000 euros. They decided to spend 34% of their winnings on Christmas presents and put the rest in the bank. How many euros did they deposit in the bank? What was the annual interest rate at the bank if they were credited with 118.8 euros
- Deposit
At the beginning of the year, Michael's father opened a bank account in which he deposited 1,800 euros. At the end of the year, he had 1,845 euros in his bank account. What was the annual interest rate in percent?
- Shuyen Shuyen wanted to save some money. She deposited Php.300 in a bank that pays 0.5% interest per annum. After nine months, she needed the money to buy some gifts. How much will she be able to get if he withdraws all her money from the bank?
- Investment of the year
At the beginning of the year, my father invested EUR 1,000 in the bank at an annual interest rate of 3%. How many euros will the bank credit him with the deposit after eight months? (compound interest - from financial mathematics) - Possibility 65535
The bank offers a term account with the possibility of early withdrawal with an interest rate of 1.85 percent pa. Milan put 2,500 euros on it on January 2. How many euros will he get if he withdraws the money after eight months? - Mr. Vojta
Mr. Vojta put in the bank 35000 Kč. After a year of the bank, he was credited with an interest rate of 2% of the deposit amount. How, then, will Mr. Vojta be in the bank? - Calculate 5770
Calculate how long it will take the Šetrný family to repay the loan if, after the first year, they paid €1350 in interest and the loan's interest rate was 6% p.a. They will repay the loan to the bank for €3,000 each year, and the bank will only add intere
- Principal and interest
Peter put € 270 principal into the bank, and at the end of the year, the account was € 282. To what annual interest rate had Peter deposited money in the bank? - Entrepreneur 7971
Tatrabanka offers deposits with an annual interest rate of 3.6%. How much EUR must an entrepreneur deposit in Tatrabanka so that at this interest rate, after the end of the year, the bank will credit him with €1,000 interest on the deposit? - VAT lottery
Father earns 809 euro a month, mother 480 euro per month. Calculate what amount they paid as value-added tax (VAT) to the government if the VAT rate is 20%. Assume that the family will spend their entire monthly income.
