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, shall be inserted into the bank to account with an annual interest rate of 2%
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.
Please write to us with your comment on the math problem or ask something. Thank you for helping each other - students, teachers, parents, and problem authors.
Showing 0 comments:
Tips to 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:
Next similar math problems:
Paul put 10000 in the bank for 6 years. Calculate how much you will have in the bank if he not pick earned interest or change deposit conditions. The annual interest rate is 3.5%, and the tax on interest is 10%.
What is the annual interest rate on your account if we put 32790 and after 176 days received 33939.2?
- BTC bubble
One of the world's experts in bubbles -- Prof. Robert Shiller, a Yale economist -- said Bitcoin "was an amazing example of a bubble" back in 2014. If you exchange fiat US dollar $100 to BTC in 2010, now in 2017 have value of 72.9 millions dollars. Find an
The value of annual production enterprise is 7.1 million USD. The average annual growth rate is 1.5%. What will be value of production at the end of the fifth year?
- 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 5.5.2016 and withdraw them all before Christmas 20.12.2016. How much money did she withdraw?
- The city 3
The city has 22,000 residents. How long it is expected to have 25,000 residents if the average annual population growth is 1.4%?
- Repay, interest, loan
Ramchacha takes a loan amount of 240000 from a bank for constructing a house at the rate of simple interest of 12% per annum. After 1 yr. of taking the loan he rents the house at the rate of 5200 per month. Determine the number of years he would take to r
- Human buying irrationality
I longer watch processors for Socket A on ebay, Athlon XP 1.86GHz with a PR rating of 2500+ costs $7 and Athlon XP 2.16Ghz with a PR rating of 3000+ currently cost $16. Calculate: About what percentage of the Athlon XP 2.16Ghz is powerful than Athlon XP 1
- Account operations
My savings of php 90,000 in a bank earns 6% interest in a year. If i will deposit 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?
The company employs 1 440 employees (men and women). For over-average results, the premiums were 18.75% of all men and 22.5% of all women. 20% of employees were rewarded with premiums. How many men and how many women are employed in the company?
I borrow 25,000 to 6.9% p.a.. I pay 500 per month. How much will I pay and for how long?
The three best contestants are to divide the total prize of CZK 4,200. The second gets 20% more than the third. And the first one gets 200 CZK less than the second and the third together. How much will everyone get?
- Car value
The car loses value 15% every year. Determine a time (in years) when the price will be halved.
- Slow saving in banks
How long will it take to save € 9,000 by depositing € 200 at the beginning of each year at 2% interest?
Researchers ask 200 families whether or not they were the homeowner and how many cars they had. Their response was homeowner: 14 no car or one car, two or more cars 86, not homeowner: 38 no car or one car, two or more cars 62. What percent of the families
- Exponential equation
In the set R solve the equation: ?
if ?, what is b?