Reason + interest, deposits and loan math - practice problems
Number of problems found: 5
- 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 - 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 - Increased 2870
Mathias had a certain amount of money in the winning book. He won, and his stake increased by 100%. Mathias used half the money for a trip and donated what he won to his brother Jakub. How much is left in his passbook? - Compound interest
Calculate the time when the deposit in the bank with interest 2.6% p.a. doubles.
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