# Interest

Calculate how much you earn for 10 years 43000 deposit if the interest rate is 1.3% and the interest period is a quarter.

### Correct answer:

#### You need to know the following knowledge to solve this word math problem:

**algebra**- geometric progression
**arithmetic**- multiplication
- exponentiation
**basic functions**- exponential function

#### Units of physical quantities:

#### Themes, topics:

#### Grade of the word problem:

## Related math problems and questions:

- Future value

Suppose you invested $1000 per quarter over 15 years. If money earns an annual rate of 6.5% compounded quarterly, how much would be available at the end of the time period? How much is the interest earned? - 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%. - Interest 71474

I will deposit CZK 1,500 into my savings account every month. After ten years, what will be in the account if the interest rate is 4%, the interest period is one month, and the interest tax is 15%? - 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 p.a.

Calculate the value of the interest in the period of 1 year from the deposit 62000 CZK at 8 percent interest rate after deducting 15 percent tax. - 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 compounded annually

If you deposit $4500 at 5% annual interest compounded annually, how much money will be in the account after ten years? - 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? - Interest 66024

How much do I have to save per month to save CZK 100,000 in 5 years if the interest rate is 4%, the interest period is one month, and the interest tax is 15%? - 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%? - Annual pension

Calculate the amount of money generating an annual pension of EUR 1000, payable at the end of the year and for a period of 10 years, which shall be inserted into the bank to account with an annual interest rate of 2% - Deposit

If you deposit 719 euros at the beginning of each year, how much money do we have at 1.3% (compound) interest after 9 years? - Dream home

You finally found your dream home. It sells for $120,000 and can be purchased by paying 10% down and financing the balance at an annual rate of 9.6% compounded monthly. a) How much are your payments if you pay monthly for 30 years? b) Determine how much w - 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? - 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? - Loan

Apply for a $ 15000 loan, the loan repayment period is 6 years, and the interest rate 2.8%. How much should I pay monthly (or yearly if paid yearly)? An example is for practice geometric progression and/or periodic payment for an annuity. - Mr. Cruz

Mr. Cruz borrowed 21,600 euros for three years at 16 2⁄3% compounded annually. At the same time, Mr. Santos borrowed the same Amount at Simple Interest for the same period and at the same interest rate. Who Pays more and how much?