Money + exponential function - practice problems - page 4 of 5
Number of problems found: 85
- 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? - Interest 6043
Mr. Vysoky took out a mortgage on the house. He borrowed a total of 2 million for ten years. The interest rate was 2.3%. How much will Mr. Vysoky pay in total if the interest rate does not change? - Depreciation 5990
The price of the car was € 15,000. What will be the price of a car with an annual depreciation of 1% in 8 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 - Saving 9
An amount of $ 2000 is invested at an interest of 5% per month. If $ 200 is added at the beginning of each successive month but no withdrawals. Give an expression for the value accumulated after n months. After how many months will the accumulated amount - Maintaining 5136
Petr succumbed to a bank's tempting offer, opened an account, and deposited CZK 1,051 into it. The account bore interest at 1.4%, credited once a year. The fee for maintaining this account was only CZK 140 per year. After seven years, he enjoyed how his d - Deposited 5135
It was 1975, and Petr deposited the entire cash of 10,900.40 Euros in a savings account with 4% interest, credited monthly. He did not add anything to the book, and in exactly 15 years, he withdrew the entire amount in cash. How much did you choose?
- BTC bubble
One of the world's experts in bubbles -- Prof. Robert Shiller, a Yale economist -- said Bitcoin "was an amazing example of a bubble" back in 2014. If you exchanged fiat US dollars $100 to BTC in 2010, now in 2017, have a value of 72.9 million dollars. Fin - Combined interest
Combined interest: Carol has deposited CZK 100,000 in the bank with an annual interest rate of 1.5%. The money was put into the account on 5.5.2016 and withdrawn all before Christmas on 20.12.2016. How much money did she withdraw? - Compound interest
Compound interest: Clara deposited CZK 100,000 in the bank with an annual interest rate of 1.5%. Both money and interest remain deposited in the bank. How many CZK will be in the bank after three years? - 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) - Interest rate
At what annual interest rate would we get an interest of 60 euros on a deposit of € 6,000 for three months?
- 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. - Entrepreneur 2691
The entrepreneur invested euros in the bank at the beginning of 2000 for a period of 9 months with an annual interest rate of 12%. How many euros will the bank credit him with the deposit after nine months? - Car value
The car loses value by 15% every year. Determine a time (in years) when its price will halve. - 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 3
After a year, Martin had on bank account € 1559. What was the interest rate when the initial deposit was € 1409?
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