Division practice problems - last page

Number of problems found: 1863

When will I be a millionaire?
Barry monthly sends 280 euros to the bank, which he deposits bear interest of 2.1% p. A. Calculate how many months Barry must save to save 1000000 euros. Inflation, interest rate changes, or bank failures are ignored.
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 8 coins in his jacket: . Calculate the value of its assets and calculate how many bottles of wine for 0.55 EUR it can buy.

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