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?
Correct answer:
Tips for related online calculators
Our percentage calculator will help you quickly calculate various typical tasks with percentages.
Do you want to round the number?
Do you want to convert time units like minutes to seconds?
Do you want to round the number?
Do you want to convert time units like minutes to seconds?
You need to know the following knowledge to solve this word math problem:
- algebra
- exponential equation
- arithmetic
- rounding
- exponentiation
- basic functions
- percentages
- logarithm
- exponential function
Units of physical quantities:
Grade of the word problem:
Related math problems and questions:
- Obtained 31531
On 1 March, Mr. Závora obtained a loan from the bank for CZK 70,000 for four months. The interest rate is 9.5%. How much will he repay to the bank? - Percentage 42121
Tomáš took out a loan to buy a washing machine. In the following 12 months, according to the contract, he had to repay the amount of 150 euros. The price of the washing machine is 1200 euros. What percentage is the annual interest rate? Write in the form - When will I be a millionaire?
Barry monthly sends 280 euros to the bank, which he deposits bear interest of 2.1% p. A. Calculate how many months Barry must save to save 1000000 euros. Inflation, interest rate changes, or bank failures are ignored. - Possibility 65535
The bank offers a term account with the possibility of early withdrawal with an interest rate of 1.85 percent pa. Milan put 2,500 euros on it on January 2. If he withdraws the money after eight months, how many euros will he get?
- Loans, loan ...
In Slovakia, short-term non-bank loans launched, which few people have their "take," are considered unfavorable. Often, the borrower ends up in a spiral of debt, which takes more and more onerous loans to repay earlier loans. Calculate how many 9-year loa - Entrepreneurs 4509
The entrepreneur took out a business loan of 15,000 at an interest rate of 7.5% p. to start a business. a. The state subsidy for start-up entrepreneurs is 800 euros per year for three years and must be used to repay the loan. How much interest will the en - 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)
