# 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, shall be inserted into the bank to account with an annual interest rate of 2%

### Correct answer:

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:

## Related math problems and questions:

- 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 - Annual interest

A loan of 10 000 euro is to be repaid in annual payments over 10 years. Assuming a fixed 10% annual interest rate compounded annually, calculate: (a) the amount of each annual repayment (b) the total interest paid. - Bank

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%. - Compound interest 4

3600 dollars is 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? - Compound interest

Compound interest: Clara deposited CZK 100,000 in the bank with an annual interest rate of 1.5%. Both money and interest remain deposited in the bank. How many CZK will be in the bank after 3 years? - Bank account CZ

We will deposit CZK 6,600 into the bank for 1 year with an interest rate of 2.5%. The interest tax is 15%. How many crowns will we receive after one year? - Two years

Roy deposited 50,000.00 into his account paying 4% annual interest compounded semi annually. How much is the interest after 2 years? - Two accounts

A banker divided $5000 between 2 accounts, one paying 10% annual interest and the second paying 8% annual interest. Express the amount invested in the 10% account in the terms of the amount invested in the 8% account. - 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? - Mortage hypo loan

The Jonáš family decided to buy an older apartment, which cost EUR 30,000. They found EUR 17,000 and took the loan with the bank for the remaining amount. What interest did they receive if they repay this amount for 15 years at EUR 120 per month? - 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. - If you 3

If you deposit $4500 at 5% annual interest compound quarterly, how much money will be in the account after 10 years? - Principal and interest

Peter put € 270 principal into bank and at the end of the year on account was € 282. To what annual interest rate that Peter had deposited money in the bank? - Future value

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

1000$ is invested at 10% compound interest. What factor is the capital multiplied by each year? How much will be there after n=12 years? - You take

You take out Php 20 000 loan at 5% interest rate. If the interest is compounded annually, a. Give an exponential model for the situation b. How much Will you owe after 10 years?