Interest, deposits and loan math - practice problems - page 4 of 6
Direction: Solve each problem carefully and show your solution in each item.Number of problems found: 119
- Mr. Brown
Mr. Brown invested 15,000 euros in the bank for an annual term deposit. After the first year, he gained 600 euros. What was the annual interest rate of his deposit? - 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 deposit € 8,500 into the bank at 1.3% interest and 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 will it take for the account to have $12600? - 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 goods that were ordered, which were 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
Peter placed 3600 dollars in an account with an annual interest rate of 9%. How much will be in the account after 25 years, to the nearest cent? - Pavel 3
Pavel has deposits in two accounts. One in a current account with an annual interest of 2% and the other in a savings account with an annual interest of 4%. Both deposits earned him CZK 1,000 per year. If Pavel transferred the deposit from one account to - Mortage hypo loan
The Jonáš family decided to buy an older apartment, which cost EUR 30,000. They found EUR 17,000 and took a bank loan 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
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