The bank provides loans with an interest rate of 5% pa. How much interest will you pay if you borrow 5,000 euros for:
A) 1 year
B) 1/2 year
C) 1/4 year
D) 5 years?
A) 1 year
B) 1/2 year
C) 1/4 year
D) 5 years?
Did you find an error or inaccuracy? Feel free to write us. Thank you!
Thank you for submitting an example text correction or rephasing. We will review the example in a short time and work on the publish it.
Tips for related online calculators
You need to know the following knowledge to solve this word math problem:
Related math problems and questions:
- Present value
A bank loans a family $90,000 at a 4.5% annual interest rate to purchase a house. The family agrees to pay the loan off by making monthly payments over 15 years. How much should the monthly payment be in order to pay off the debt in 15 years?
- Borrowed 42101
Zuza borrowed a certain amount from the bank, with the proviso that she would return 15,000 euros a year. The annual interest rate was set at 4.5%. How much did Zuza borrow?
- 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?
- Deposited 65534
Danka and Janka deposited their money in the bank in an account with an interest rate of 2.9 percent pa. How many euros did Janka invest if she earned 4.64 euros in interest and Danka 29 cents less?
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%.
- Interest 65474
Uncle Vendelín paid 350 euros for a new washing machine, which he had to borrow 40 percent. He paid off the loan for one year - 15 euros per month. How much did he pay in interest? What was the interest rate on loan?
- Money borrow
Ms. Kate wants to borrow € 2,000. Company A will borrow ten payments of 240 euros and the first two months do not pay anything. Company B borrows in 12 payments of € 210. Which company has the more favorable interest rate for Ms. Kate?
- You take
You take out 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?
- Three-month 60231
How much € do we have to save on a three-month term deposit with an interest rate of 2.5% pa? If we want the deposit to earn an interest of € 1,100
- Interest 8369
Mr. Novák borrowed € 3,500 from the bank with an annual interest rate of 14%. He repaid the loan after a year. How much did he pay to the bank?
- Interest 6047
Mr. Demikát took out a loan worth 5,000 euros from the bank with an interest rate of 12 percent. How many months will it repay if the monthly payment is 80 euros?
- Determine 5592
Karel took out a loan of EUR 600 from Ivan 20.2 at a 20% annual rate. From January 10.5, a loan of 1100 Euros at a 14% rate. From Milan 15.9, a loan of 900 Euros at an 11% rate. All three return 30.12. Determine the annual interest rate for all three loan
- Interest 6043
Mr. Vysoky took out a mortgage on the house. He borrowed a total of 2 million for ten years. The interest rate was 2.3%. How much will Mr. Vysoky pay in total if the interest rate does not change?
- 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
- (withdrawal 65584
Paľo 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%?
- 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?
- 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 have total after three years?