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%
Correct answer:
Tips for related online calculators
Our percentage calculator will help you quickly calculate various typical tasks with percentages.
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:
- Entrepreneur 22941
Entrepreneur Zahourek deposited 450,000 into the bank's account with 4.5% annual interest. Calculate what the amount will be on the deposit account after three years. - 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? - Deposited 64034
At the beginning of the year, Mišek'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? - 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? - Savings
The depositor regularly wants to invest the same amount of money in the financial institution at the beginning of the year and wants to save 10,000 euros at the end of the tenth year. What amount should he deposit if the annual interest rate for the annua - Deposited 66604
The parents deposited Vierka's daughter in an account of 2,000 euros at an annual interest rate of 2%. How many euros will be in the account in a year if the bank adds interest? - Annual interest A loan of 10 000 euros is to be repaid in annual payments over ten years. Assuming a fixed 10% annual interest rate compounded annually, calculate: (a) the amount of each annual repayment (b) the total interest paid.
- 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%? - Melanie
Melanie invests a total of $21,500 in two accounts. The first account earned a rate of return of 15% (after a year). However, the second account suffered a 10% loss in the same time period. At the end of one year, the total amount of money gained was $225 - Entrepreneur 2691
The entrepreneur invested euros in the bank at the beginning of 2000 for a period of 9 months with an annual interest rate of 12%. How many euros will the bank credit him with the deposit after nine months? - 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? - Five years
Nakato Nobuki, a Japanese artist, wants to have $24,000.00 in his savings account at the end of five years. Mr. Nobuki deposits $1,500.00 annually into savings and has a balance of $8,000.00 today. What must the interest rate on the savings account be for - Compound interest 4
3600 dollars Peter placed in an account with an annual interest rate of 9%. How much will be in the account after 25 years, to the nearest cent? - 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? - Interest 65684
How many euros did Mr. Slovák deposit in the bank if, after a year, at an annual interest rate of 3.8%, he had 2,076 euros in his account? - 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? - Bank account CZ
We will deposit CZK 6,600 into the bank for one year with an interest rate of 2.5%. The interest tax is 15%. How many crowns will we receive after one year?
