Money + exponentiation - practice problems - page 2 of 3
Number of problems found: 43
- Future value investment
Poseidon deposited 2,747 golden drachmas in a Mount Olympus college savings account to ensure Percy could attend 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 - Maturity value
IKEA Furniture can purchase furniture with a three-year simple interest loan at 8% interest per year. What is the maturity value of a 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 two years? - Deposit account
How much money will be in the account after ten years if you deposit $4500 at a quarterly 5% annual interest compound?
- Entrepreneur 22941
Entrepreneur Zahourek deposited 450,000 into the bank's account with 4.5% annual interest. Calculate what the amount will be on the deposit account after three years. - Savings
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
The merchant adds a sale sign in his shop window to the shown 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 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)
- Investment 2
Jack invested $5000 in a 5-month term deposit at 4.7% pa. At the end of the five months, Jack reinvested the maturity value from the first deposit into an 11-month term deposit at 7.3% pa. What is the maturity value at the end of the second term deposit? - The machine
The annual depreciation of the machine is 10%. After eight years, the machine is worth 697 euros. What was the price of this machine at the time of purchase? - Deposited 6059
On January 2nd, 2009, Janko's father deposited €3,000 in the bank's passbook. The bank provides an annual interest of 0.30% for deposits up to €5,000. However, Janko's father collected the money after eight months. What is interest in euros added to it? - Interest 6047
Mr. Demikát took out a loan worth 5,000 euros from the bank with an interest rate of 12 percent. How many months will it repay if the monthly payment is 80 euros? - 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)
- Increased 2472
The price of skis increased twice from May to December, always by 20%. In December, the skis cost 1440 SKK. What was the original price in May? - Computer
The school purchased the computer 10000. Each year, the price of a computer always depreciates the same percentage as the previous year. After four years, the value of the computer is reduced to 1300. How much percent was the declining price of the comput - Loan
Apply for a $ 15000 loan, the loan repayment period is 6 years, and the interest rate 2.8%. How much should I pay monthly (or yearly if paid yearly)? An example is for practice geometric progression and/or periodic payment for an annuity. - Deposit
If you deposit 719 euros at the beginning of each year, how much money do we have at 1.3% (compound) interest after 9 years? - Sale
If the product was twice price cut by 25%, what percentage was the price cut in total?
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