Interest, deposits and loan math + exponential equation - practice problems
Number of problems found: 20
- Compound interest
Joel borrowed $3208.5 on November 2, 2021, at 3.6% p.a. How many days would it take for him to repay the loan if he made a payment of $ 3,720.34? Round up to the nearest day. - The sum 41
The sum of 640.00 was deposited in the first bank for five years, and the interest given was 160.00. Find the rate. - Years 3
How long will it take for a given sum of money to triple itself at 20% annual compound interest? - Interest 81982
The bank offers interest on the deposit of 4 percent per annum. In how many years will the deposit double? - 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 - Principal 67954
How long in months will the principal raise 5,000 euros at 5% p.. a. interest 350 euros? - 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. - 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 $12600 in the account? - Mortage hypo loan
The Jonáš family decided to buy an older apartment, which cost EUR 30,000. They found EUR 17,000 and took the loan with the bank for the remaining amount. What interest did they receive if they repaid this amount for 15 years at EUR 120 per month? - Investment
1000$ is invested at 10% compound interest. What factor is the capital multiplied by each year? How much will be there after n=12 years? - Calculate 5770
Calculate how long it will take the Šetrný family to repay the loan if, after the first year, they paid €1350 in interest and the loan's interest rate was 6% p.a. They will repay the loan to the bank for €3,000 each year, and the bank will only add intere - Repay, interest, loan
Ramchacha takes a loan amount of 240000 from a bank for constructing a house at a simple interest rate of 12% per annum. After one year of taking the loan, he rents the house at the rate of 5200 per month. Determine the number of years he would take to re - Determine 5592
Karel took out a loan of EUR 600 from Ivan 20.2 at a 20% annual rate. From January 10.5, a loan of 1100 Euros at a 14% rate. From Milan 15.9, a loan of 900 Euros at an 11% rate. All three return 30.12. Determine the annual interest rate for all three loan - Investment of the year
At the beginning of the year, my father invested EUR 1,000 in the bank at an annual interest rate of 3%. How many euros will the bank credit him with the deposit after eight months? (compound interest - from financial mathematics) - The deposit
A deposit has been placed for one year at an annual rate of 4.5%. The amount rose to € 2,612.5 after one year. Find initial deposit. - Interest
What is the annual interest rate on your account if we put 32790 and after 176 days received 33939.2? - Compound interest
Calculate the time when the deposit in the bank with interest 2.6% p.a. doubles. - When will I be a millionaire?
Barry monthly send 280 euros to the bank, which he deposits bear interest of 2.1% p. A. Calculate how many months must Barry save to save 1000000 euros? Inflation, interest rate changes, or bank failures are ignored.
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