Percentages + exponential function - practice problems - page 3 of 5
Number of problems found: 81
- Interest 9791
From € 800 for six months at an interest rate of 7.5% per annum; and - simple interest b - compound interest - Drilling machine
A manufacturing firm purchased a heavy-duty drilling machine. They were given two payment options: Option 1: Make a payment of $46,000 immediately to settle the invoice for the machine. Option 2: Pay $21,500 immediately and the balance of $23,550 in 3 mon - 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? - Profit growth
A company's profit increased by 25% during 1992, increased by 40% during 1993, decreased by 20% in 1994, and increased by 10% during 1995. Find the average growth in the profit level over the four years periods.
- Annual pension
Calculate the amount of money generating an annual pension of EUR 1000, payable at the end of the year and for a period of 10 years, which shall be inserted into the bank to account with an annual interest rate of 2% - Precious metals
From 2006-2009, the value of precious metals changed rapidly. The data in the following table represent the total rate of return (in percentage) for platinum, gold, and silver from 2006 through 2009: Year Platinum Gold Silver 2009 62.7 25.0 56.8 2008 -41. - The crime
The crime rate of a certain city is increasing by exactly 7% each year. If there were 600 crimes in 1990 and the crime rate remains constant each year, determine the approximate number of crimes in 2025. - Shuyen
Shuyen wanted to save some money. She deposited Php.300 in a bank that pays 0.5% interest per annum. After nine months, she needed the money to buy some gifts. How much will she be able to get if he withdraws all her money from the bank? - Loan 4
Mr. Santos borrowed Php.18,000 at 1.5% interest for one year. What was the total amount he paid for the end of the 1-year term?
- Account operations
My savings of PHP 90,000 in a bank earns 6% interest in a year. If I deposit an additional PHP 10,000 at the end of 6 months, how much money will be left if I withdraw PHP 25,000 after a year? - Depreciate 6413
The company bought a new machine for CZK 350,000. Due to wear and tear, its price will decrease by 10% annually. The machine can be written off if its price drops below 30% due to wear and tear. Determine how many years the company can depreciate the mach - Radioactive material
A radioactive material loses 10% of its mass each year. What proportion will be left there after n=6 years? - 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? - 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? - 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? - Increases 5807
7.18% of the wood mass increases in the forest every year. How many years will the timber double with a steady annual increase? - 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
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