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 three years?
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:
- 3 years savings
Simple interest problem. Tereza has deposited CZK 100,000 in the bank with an annual interest rate of 1.5%. Interest is added each year and left aside. How many CZK (crowns) will you have in total after three years? - Deposited 7096
Mr. Novák deposited CZK 50,000 a year in the bank at an annual interest rate of 4%. How much will pre-tax interest be after one year? - Compound interest 4
Peter placed 3600 dollars in an account with an annual interest rate of 9%. How much will be in the account after 25 years, to the nearest cent? - Entrepreneur 22941
Entrepreneur Zahourek deposited 450,000 into the bank's account with 4.5% annual interest. Calculate the amount on the deposit account after three years. - Deposited 66604
The parents deposited 2,000 euros in Vierka's daughter's account at an annual interest rate of 2%. If the bank adds interest, how many euros will be in the account in a year? - Deposit account
How much money will be in the account after ten years if you deposit $4500 at a quarterly 5% annual interest compound? - 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).
