# Geometric progression + money - math problems

#### Number of problems found: 25

• Loan
Apply for a \$ 59000 loan, the loan repayment period is 8 years, the interest rate 7%. How much should I pay for every month (or every year if paid yearly). Example is for practise geometric progression and/or periodic payment for an annuity.
• Sum of money
On a certain sum of money, invested at the rate of 10% compounded annually, the difference between the interests of the first year and the third year is 315 . Find the sum.
• Deposit
If you deposit 719 euros the beginning of each year, how much money we have at 1.3% (compound) interest after 9 years?
• Compound interest
Calculate time when deposit in the bank with interest 2.5% p.a. doubles.
• 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?
• 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?
• Rate or interest
At what rate percent will Rs.2000 amount to Rs.2315.25 in 3 years at compound interest?
• 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?
• Sale
If the product twice price cut by 25%, what percentage was price cut in total?
• 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.
• JUDr. Usury
Judge JUDr. Usury approved the agreement on guilt and punishment where confessed to pay daily interest 0.18%. How big is a yearly interest? Year has 360 days.
• Machine
Price of the new machine is € 62000. Every year is depreciated 15% of residual value. What will be the value of the machine after 3 years?
• Computer
The computer was purchased 10000,-. Each year, the price of a computer depreciates always the same percentage of the previous year. After four years, the value of the computer is reduced to 1300,- How many percent was depreciated price of the computer eac
• 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.
• Savings
Suppose on your 21st birthday you begin making monthly payments of \$500 into an account that pays 8% compounded monthly. If you continue the payments untill your 51st birthday (30 years), How much money will be in your account? How much of it is interest?
• 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%.
• Loan 5
Abdul takes a loan of 200000 from Ali and agrees to repay in number of instalment, each instalment begin with the 2nd exceeding the previous one by 1000, if the first instalment is 500, find how many instalment will be necessary to be wipe out the loan? C
• Profitable bank deposit 2012
Calculate the value of what money lose creditor with a deposit € 9500 for 4 years if the entire duration is interest 2.6% p.a. and tax on interest is 19%. Annual inflation is 3.7% (Calculate what you will lose if you leave money lying idle at negative int
• Reducing balance method
A company buys an item having a useful life of 10 years for 1,000,000. If the company depreciates the item by the reducing balance method, a. Determine the depreciation for the first year. b. Estimate the depreciation for the second and third years. c. Wh
• 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

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Geometric progression - math word problems. Money - math word problems.