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?
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:
- Deposited 7096
Mr. Novák deposited CZK 50,000 a year in the bank at an annual interest rate of 4%. How much will pre-tax interest be after one year?
- 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?
- Mr. Brown
Mr. Brown invested 15,000 euros in the bank for an annual term deposit. After the first year, he gained 600 euros. What was the annual interest rate of his deposit?
- 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?
- A vendor 3
A vendor borrowed PHP 150,000 from their cooperative of the rate of interest was 11.5% a year, how much interest does he pay to the bank at the end of one year?
- Mr. Vojta
Mr. Vojta put in the bank 35000 Kč. After a year bank, he credited with an interest rate of 2% of the deposit amount. How then will Mr. Vojta in the bank?
- Obtained 31531
On 1 March, Mr. Závora obtained a loan from the bank for CZK 70,000 for four months. The interest rate is 9.5%. How much will he repay to the bank?
- Relationship) 38031
We borrowed CZK 50,000. The annual interest rate was 6%. We have to repay the entire debt in 5 years. How much will we pay? (use the compound interest relationship).
If you take a bank loan $ 11000 and want to repay after the year, we have to pay the total amount $ 11242/ What is the annual interest rate on this 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?
Mr. Smith have gone withdraw from bank saving interest € 1,500. How big was his initial deposit if the annual interest rate is 1.5%?
- 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.
- Present value
A bank loans a family $90,000 at 4.5% annual interest rate to purchase a house. The family agrees to pay the loan off by making monthly payments over a 15 year period. How much should the monthly payment be in order to pay off the debt in 15 years?
- 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?
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%.
- 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?
- Interest 66484
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?