Interest, deposits and loan math - practice problems - page 2 of 6
Direction: Solve each problem carefully and show your solution in each item.Number of problems found: 119
- A company 2
A company invests 51000. After 4 years of growth at the same rate each year, the investment is worth 68920. Find the annual growth rate as a percentage. - Simple interest 5
At what simple interest rate should Renel invest his P45,000 so that it earns P5,500 in 1 year and 5 months? - Sale of a bill of exchange
A businessman bought a bill of exchange 6 months before its maturity. After deducting interest at an interest rate of 10% p. . a., he paid €19,000 for it. How much € of interest was deducted from the face value of the bill? - Small interest 3
Tomáš had a certain amount of money in his account, which earned him €64 in interest for a year at an interest rate of 2% p. a. What would be the interest on the same amount if the annual interest rate was 3.5%?
- Expanding
A problem has spread here - money printing. The ECB claims it aims to maintain a price level with 2% inflation. But for the last three years in a row, annual inflation has been 6%, 7% and 9%. - Interest 83990
The deposit is €1000. The interest is 7.36% per year. What is the amount after 3 years and 9 months? - Borrowed Mr. Douda borrowed 200,000 SK from the bank at an annual interest rate of 15.4%. He will repay the loan after four years. How many korunas will he have to repay?
- Client A bank client had €1,320 deposited in her account throughout the year. At the end of the year, €33 in interest was credited to the account. What interest rate was used to determine the principal?
- Deposited 83236 On March 24, we deposited €5,400 into the savings bank. How much interest will we earn until the end of the year, when the savings bank provides 4.2% interest on this type of deposit?
- Deposited 83235 A student deposited €500 in a savings bank at 2.5% interest. In what time (in years) will he earn as much interest as he invested?
- Percentage 83077 The bank increased the interest rate from the original value of 4% to 5%. What percentage of the original value of the interest rate was its increase?
- Calculation 82612 Let's assume that the interest in the bank is 10% and that we have saved €1000. 10% may seem like a good investment. However, if inflation is 6%, how much can we save in the bank in real terms? For the simplicity of the calculation, the income is not taxe
- Borrowed 82069 You borrowed €2000 for 3 months. What amount must you pay back if the lender charges a 15% interest rate per annum?
- 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?
- Principal 82010 Calculate the interest rate if the principal amount of 500 is 5 euros in interest in 5 months.
- Interest 81982 The bank offers interest on the deposit of 4 percent per annum. In how many years will the deposit double?
- Borrower 81777 You lent €400. The borrower paid you €440 back in 5 months. What was the yield on this loan?
- Interest 81773 How much will the deposit grow at an interest rate of 10% p.d. a. for 72 days by €6?
- Interest 80867 How much is the deposit? Which at an interest rate of 3.75%p. a., will it increase by 25 euros in one year?
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 quarDo you have homework that you need help solving? Ask a question, and we will try to solve it. Solving math problems.
