Division practice problems - last page
Number of problems found: 1983
- When will I be a millionaire?
Peter sends 220 euros to the bank each month, which bears interest at 2.9% p.a. Calculate how many months Peter must save to accumulate 33000 euros. Ignore inflation, changes in interest rates, and bank failures. - Required reserves
Calculate the minimum amount of money the bank must hold in cash from your deposit 2750 Eur. How much money is ideally created in the banking system from your deposit if the level of minimum reserve requirement is 2.15%? Consider fractional reserve system - Homeless Dezider
Homeless Dežko has 7 coins in his jacket: . Calculate the value of its assets and calculate how many bottles of beer for 0.55 EUR it can buy.
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