Interest, deposits and loan math - practice problems - page 3 of 5
Direction: Solve each problem carefully and show your solution in each item.Number of problems found: 92
- Inflation 42111
A client deposits 100,000 euros in XYZ bank for a term deposit with an interest rate of 4% pa (per annum). After six months, you went to get the money. How much did he have in his account with the described half-yearly interest? PS When you deposit money - Interest rate
We borrowed CZK 50,000. The annual interest rate was 6%. We have to repay the entire debt in 5 years. How much will we pay? (use the compound interest relationship). - Interest 37571
We will deposit € 10,500 at the bank at 1.1% interest, and we want to withdraw € 11,000. How many years do we have to wait? Round to 2 decimal places. - Withdraw 37161
We will put € 8,500 into the bank at 1.3% interest, and we want to withdraw € 8,700. How many years do we have to wait? Round to 2 decimal places. - Deposit account
How much money will be in the account after ten years if you deposit $4500 at a quarterly 5% annual interest compound? - Semiannually compound interest
If you deposit $ 5,000 into an account paying 8.25% annual interest compounded semiannually, how long until there is $9350 in the account? - Compound Interest
If you deposit $6000 in an account paying 6.5% annual interest compounded quarterly, how long until there is $12600 in the account? - Future value
Suppose you invested $1000 per quarter over 15 years. If money earns an annual rate of 6.5% compounded quarterly, how much would be available at the end of the time period? How much is the interest earned? - Calculate 30461
Mrs. Zdena took over the ordered goods worth 5000 €. She did not pay the invoice by the required date of 31.5.2019. Interest on arrears is 5.5% per annum. Calculate the payment as of 31.8.2019. - Deposit 28541
After a year of saving, a deposit of 500 euros, she had 512 euros. At what rate? - Slow saving in banks
How long will it take to save € 9,000 by depositing € 200 at the beginning of each year at 2% interest? - Compound interest 4
3600 dollars Peter placed in an account with an annual interest rate of 9%. How much will be in the account after 25 years, to the nearest cent? - Mortage hypo loan
The Jonáš family decided to buy an older apartment, which cost EUR 30,000. They found EUR 17,000 and took the loan with the bank for the remaining amount. What interest did they receive if they repaid this amount for 15 years at EUR 120 per month? - Two accounts
Two accounts in the bank, one per year interest 2%, the second 3%. Total interest income 1900 USD. If we reversed interest rates, the yield would be USD 200 higher. What are the amounts on each account? - Compound interest 3
After eight years, what is the total amount of a compound interest investment of $25,000 at 3% interest, compounded quarterly? (interest is now a dream - in the year 2019) - Entrepreneur 7971
Tatrabanka offers deposits with an annual interest rate of 3.6%. How much EUR must an entrepreneur deposit in Tatrabanka so that at this interest rate, after the end of the year, the bank will credit him with €1,000 interest on the deposit? - Calculate 7483
Calculate the interest and rum (APR, annual interest rate) is 2.5% and the principal 50,000. - Christmas 7392
The parents won 12,000 euros. They decided to spend 34% of their winnings on Christmas presents and put the rest in the bank. How many euros did they deposit in the bank? What was the annual interest rate at the bank if they were credited with 118.8 euros - A man 2
A man divides $10,000 into two investments, one at 10% and 30%. Find how much is invested at each rate so that the two investments produce the same income annually. - Investment
1000$ is invested at 10% compound interest. What factor is the capital multiplied by each year? How much will be there after n=12 years?
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