Money - high school - math problems
Money or finance are an essential medium of exchange, a unit of account and store of value in modern society. Mathematical examples helps to get basic financial literacy.
- 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?
Adam has half the money in his right pocket than in his left pocket. If he transferred 40 crowns from the left pocket to the right, he would have the same in both pockets. Calculate how many crowns does Adam have in his left pocket more than in his right?
Students Aleš, Bohouš, Cyril, and Dušan were on a brigade. They divided the total revenue as follows: Aleš received two-fifths of the revenue, Bohouš received one-sixth of the revenue, Cyril received three-tenths of the revenue, and Dušan received the res
- Compound interest 4
3600 dollars is 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?
The three best contestants are to divide the total prize of CZK 4,200. The second gets 20% more than the third. And the first one gets 200 CZK less than the second and the third together. How much will everyone get?
- Corona virus
Calculate an estimate of the percentage of GDP (Gross Domestic Product) declined due to the quarantine related to the corona COVID-19 virus that lasts for 2 months, during which time the economic activity is down by 80%.
- 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 repay this amount for 15 years at EUR 120 per month?
- The percent 2
The percent return rate of a growth fund, income fund, and money market are 10%, 7%, and 5% respectively. Suppose you have 3200 to invest and you want to put twice as much in the growth fund as in the money market to maximize your return. How should you i
- Average monthly salary
A total of 10 teachers work at one small school in Moravia. The monthly salary of each is 21,500 CZK or 21,800 CZK or 22,500 CZK according to their education and age. The average monthly salary for this school's teacher is 21 850 CZK. How many teachers of
- Earnings per share
The table below shows the stock price, earnings per share, and dividends per share for three companies for a recent year: Deere &Co. Price $65.70 earnings per share $4.40 Dividends per share $1.16 Google price $528.33 earnings per share $27.72 Dividends
- A loan
A loan in the amount of $944 is charged simple interest at an annual rate of 8.1%. How much money is owed 14 months after the loan was made?
- Washing powder
A 10-kilogram pack of washing powder is M euros more expensive than a 5-kilogram pack of the same powder. A 5-kilogram package costs P euros. Five kilos of packaging is not worth it, because it is more expensive than half the price of 10 kilos. How much i
- Bdf tablet
Detective Harry Thomson has come across a surprising mystery. As part of the weekend's action, the tablet he looked for dropped by 30%. He also recommended this bargain to his friend. However, it came to the shop on Monday, and the tablet was 30% more exp
- An animal shelter
An animal shelter spends $5.50 per day to care for each bird and $8.50 per day to care for each cat. Nicole noticed that the shelter spent $283.00 caring for birds and cats on Wednesday. Nicole found a record showing that there were a total of 40 birds an
- Before yesterday
He merchant adds a sale sign in his shop window to the showed pair of shoes in the morning: "Today by p% cheaper than yesterday. " After a while, however, he decided that the sign saying: "Today 62.5% cheaper than the day before yesterday". Determine the
- Compound interest 3
After 8 years, what is the total amount of a compound interest investment of $25,000 at 3% interest, compounded quarterly? (interest is now dream - in the year 2019)
- Car down
Sarah buys a car costing $12,500. It depreciates in value by 8% in the first year, 10% the second year and 5% in the third year. Calculate the value of a car after the third year.
Casey bought a 15.4 pound turkey and an 11.6 pound ham for thanksgiving and paid $38.51. Her friend Jane bought a 10.2 pound turkey and a 7.3 pound ham from the same store and paid $24.84. Find the cost per pound of turkey and the cost per pound of ham.
The price of the product was increased by 35%. How many percents of the new price we have to make it cheaper so that its price is equal to the original price?
- Two math problems
1) The sum of twice a number and -6 is nine more than the opposite of that number. Find the number. 2) A collection of 27 coins, all nickels, and dimes, is worth $2.10. How many of each coin are there? The dime, in United States usage, is a ten-cent coi
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