# Time + money - math problems

- Slow saving in banks

How long will it take to save € 9,000 by depositing € 200 at the beginning of each year at 2% interest? - Compound interest 4

3600 dollars is placed in an account with an annual interest rate of 9%. How much will be in the account after 25 years, to the nearest cent? - Penalty daily

John was to pay CZK 1,500. If he does not pay on time, he will be charged a penalty of 0.5 per mille of the amount owed for each day of delay. He will remember in 30 days. How much is the penalty? - Corona virus

Calculate an estimate of the percentage of GDP (Gross Domestic Product) declined due to the quarantine related to the corona COVID-19 virus that lasts for 2 months, during which time the economic activity is down by 80%. - 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 repay this amount for 15 years at EUR 120 per month? - Earnings per share

The table below shows the stock price, earnings per share, and dividends per share for three companies for a recent year: Deere &Co. Price $65.70 earnings per share $4.40 Dividends per share $1.16 Google price $528.33 earnings per share $27.72 Dividends - A loan

A loan in the amount of $944 is charged simple interest at an annual rate of 8.1%. How much money is owed 14 months after the loan was made? - Reducing balance method

A company buys an item having a useful life of 10 years for 1,000,000. If the company depreciates the item by the reducing balance method, a. Determine the depreciation for the first year. b. Estimate the depreciation for the second and third years. c. - 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) - Car down

Sarah buys a car costing $12,500. It depreciates in value by 8% in the first year, 10% the second year and 5% in the third year. Calculate the value of a car after the third year. - Saving

At the beginning of the year, Tomas had saved 230kc, after half a year even 590 CZK. How many crowns did he save each month when saving the same amount? - Stock market 2

For the week of July 22, the following day to day changes in the stock market was recorded a certain stock: -2 on Monday; +4 Tuesday; -8 Wednesday; + 2 1/2 Thursday; - 3 1/4 Friday. The stock began the week at 78 points. How many points did it finish with - 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 - Tony works

Tony works as a welder for a construction company. His hourly wage is $15.51 and he works 40 hours per week. Tony gets a paid vacation each year. The construction company is doing well and has plenty of work for the next year. Tony can expect to work the - A man 2

A man divides $10,000 into two investments, one at 10% and the other at 30%. Find how much is invested at each rate so that the two investments produce the same income annually. - Phone plan

Victoria's cell phone plan costs $30.00 a month. If she used 12.5 hours in May, how much did Victoria pay per minute? - Monica

Monica left Php.900 to Bianca. When monica asked for it after 6 months, Bianca decided to give Php.945 instead because she was able to use the money. What interest rate on Monica's money was used by bianca? - Deposit is pesos

Sally deposits Php.22,000 in her savings account. If the bank pays 1.5% interest per year, how much will she receive at the end of the year? - Fix + percentages

Mrs. Vargas is a car sales agent who earns Php.5,850 monthly plus a 4% commision on all her sales. During a month, she sold a car worth Php.740,000. How much is her total earnings? - 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?

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