Geometric progression + time - practice problems
Number of problems found: 80
- A population
A population of fish starts at 8,000 and decreases by 6% per year. Use an exponential function to find the population of fish in 10 years. - Joy deposited
Joy deposited the sum of 50,000 in her bank account. After 5 months, she made another deposit of 125,000 and 6 months a lap before the withdrawal of 12,000 nairas. If the interest rate is 5% per annual, calculate how much she should have in her account. - Flower series
Every day, the flower develops two new flowers, and each of these new blossoms also bears two flowers each day. After eight days, how many blooms are already present in the garden? - Robinson 82579
Robinson Crusoe came to the island with 4 grains of corn. How many years did it take him to grow enough grain for bread if he got 10 grains from one grain on average and he needed at least 1kg of bole for 1 bread, and 1 grain weighs about 0.2g? (assume on
- Saving problem
We want to save €25,000. We deposit €3,000 annually, and the interest is 4.4% (interest tax is 19%). How many years do we have to save? - Increases 81991
What % of bacteria will increase hourly if the number increases from 100,000 to 370,000 in 5 hours? - Inhabitants 81581
The number of inhabitants of the city decreased in 10 years from 72800 to 56000. What is the annual decrease in the population in percentage? - Deposit for house
The current house price is $300000, with prices increasing by 3% yearly. A buyer wishes to purchase the house in 5 years. The bank requires a 10%deposit on the price of the house in order to grant a loan. How much would the buyer need to deposit each quar - Mr. Cruz
Mr. Cruz borrowed 21,600 euros for three years at 16 2⁄3% compounded annually. At the same time, Mr. Santos borrowed the same Amount at Simple Interest for the same period and at the same interest rate. Who Pays more and how much?
- Interest 71474
I will deposit CZK 1,500 into my savings account every month. After ten years, what will be in the account if the interest rate is 4%, the interest period is one month, and the interest tax is 15%? - An account
Seth has $9,399 in an account. The interest rate is 4 17/20% compounded annually. To the nearest cent, how much will he have in 2 years? - Principal 67954
How long in months will the principal raise 5,000 euros at 5% p.. a. interest 350 euros? - MP3 player
Mary plans to buy a new MP3 player for 90 USD. And every month, the amount he saved in the previous month doubles. If she saves 3 USD in the first month, how many months will Mary save enough to buy an MP3 player? - Interest 66024
How much do I have to save per month to save CZK 100,000 in 5 years if the interest rate is 4%, the interest period is one month, and the interest tax is 15%?
- Investment
If an investor invests $2000 on January 1st, every year guarantees him 4% per annum. If the interest is calculated on December 31st, how much will the account be at the end of the 10th year? - Installment 62884
It is to be paid annually 12x 1935 CZK. The third installment is not paid - it is 2.5 permille per day. What debt will be incurred at the end of the year? - Interest compounded annually
If you deposit $4500 at 5% annual interest compounded annually, how much money will be in the account after ten years? - Dream home
You finally found your dream home. It sells for $120,000 and can be purchased by paying 10% down and financing the balance at an annual rate of 9.6% compounded monthly. a) How much are your payments if you pay monthly for 30 years? b) Determine how much w - Retirement saving
Deryl wishes to save money to provide for his retirement. Beginning one year from now, he will begin depositing the same fixed amount each year for the next 30 years into a retirement savings account. Starting one year after making his last deposit, he wi
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