Deposited 5135
It was 1975, and Petr deposited the entire cash of 10,900.40 Euros in a savings account with 4% interest, credited monthly. He did not add anything to the book, and in exactly 15 years, he withdrew the entire amount in cash. How much did you choose?
Correct 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 quantitiesGrade of the word problem
Related math problems and questions:
- Maintaining 5136
Petr succumbed to a bank's tempting offer, opened an account, and deposited CZK 1,051 into it. The account bore interest at 1.4%, credited once a year. The fee for maintaining this account was only CZK 140 per year. After seven years, he enjoyed how his d - Future value investment
Poseidon deposited 2,747 golden drachmas in a Mount Olympus college savings account to ensure Percy could attend college. It pays 0.04 (percent in decimal form) annual interest. After 11 years, he withdraws the money. How much more money would he have if - 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 - 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?
- Johnny 3
Johnny has $46,754 in a savings account that earns 14% annually. The interest is not compounded. To the nearest dollar, how much interest will he earn in 3 years? - How much 2
How much money would you need to deposit today at 5% annual interest compounded monthly to have $2000 in the account after nine years? - Savings
Suppose on your 21st birthday, you begin making monthly payments of $500 into an account that pays 8% compounded monthly. If you continue the payments until your 51st birthday (30 years), How much money is in your account? How much of it is interesting? S
