Money + exponentiation - practice problems
Number of problems found: 19
- Monthly payments 2
Suppose you have selected a new car to purchase for $19,500. If the car can be financed over a period of 4 years at an annual rate of 6.9% compounded monthly, how much will your monthly payments be?
- Future value investment
Poseidon deposited 2,747 golden drachmas in a Mount Olympus college savings account to ensure Percy can go to college. It pays 0.04 (percent in decimal form) annual interest. After 11 years, he withdraws the money. How much more money would he have if the
- Maturity value
IKEA Furniture’s can purchase furniture with 3 year simple interest loan at 8% interest per year. What is the maturity value of 3500 loan?
- Two years
Roy deposited 50,000.00 into his account paying 4% annual interest compounded semi annually. How much is the interest after 2 years?
- If you 3
If you deposit $4500 at 5% annual interest compound quarterly, how much money will be in the account after 10 years?
The depositor regularly wants to invest the same amount of money in the financial institution at the beginning of the year and wants to save 10,000 euros at the end of the tenth year. What amount should he deposit if the annual interest rate for the annua
- 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?
- 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)
- Investment 2
Jack invested $5000 in a 5-month term deposit at 4.7% p. A. . At the end of the 5-months, jack reinvested the maturity value from the first deposit into an 11-month term deposit at 7.3% p. A. What is the maturity value at the end of the second term deposi
- The machine
The annual depreciation of the machine is 10%. After 8 years, the machine is worth 697 euros. What was the price of this machine at the time of purchase?
The computer was purchased 10000,-. Each year, the price of a computer depreciates always the same percentage of the previous year. After four years, the value of the computer is reduced to 1300,- How many percent was depreciated price of the computer eac
Apply for a $ 59000 loan, the loan repayment period is 8 years, the interest rate 7%. How much should I pay for every month (or every year if paid yearly). Example is for practise geometric progression and/or periodic payment for an annuity.
If you deposit 719 euros at the beginning of each year, how much money we have at 1.3% (compound) interest after 9 years?
If the product twice price cut by 25%, what percentage was price cut in total?
- JUDr. Usury
Judge JUDr. Usury approved the agreement on guilt and punishment where confessed to pay daily interest 0.18%. How big is a yearly interest? Year has 360 days.
Price of the new machine is € 62000. Every year is depreciated 15% of residual value. What will be the value of the machine after 3 years?
Calculate how much you earn for 10 years 43000 deposit if the interest rate is 1.3% and the interest period is a quarter.
- Profitable bank deposit 2012
Calculate the value of what money lose creditor with a deposit € 9500 for 4 years if the entire duration is interest 2.6% p.a. and tax on interest is 19%. Annual inflation is 3.7% (Calculate what you will lose if you leave money lying idle at negative int
Money - practice problems. Exponentiation - practice problems.