Interest, deposits and loan math - practice problems - page 2 of 6
Direction: Solve each problem carefully and show your solution in each item.Number of problems found: 109
- A company 2
A company invests 51000. After 4 years of growth at the same rate each year, the investment is worth 68920. Find the annual growth rate as a percentage.
- Simple interest 5
At what simple interest rate should Renel invest his P45,000 so that it earns P5,500 in 1 year and 5 months?
- Interest 83990
The deposit is €1000. The interest is 7.36% per year. What is the amount after 3 years and 9 months?
- Deposited 83236
On March 24, we deposited €5,400 into the savings bank. How much interest will we earn until the end of the year, when the savings bank provides 4.2% interest on this type of deposit?
- Deposited 83235
A student deposited €500 in a savings bank at 2.5% interest. In what time (in years) will he earn as much interest as he invested?
- Percentage 83077
The bank increased the interest rate from the original value of 4% to 5%. What percentage of the original value of the interest rate was its increase?
- Calculation 82612
Let's assume that the interest in the bank is 10% and that we have saved €1000. 10% may seem like a good investment. However, if inflation is 6%, how much can we save in the bank in real terms? For the simplicity of the calculation, the income is not taxe
- Borrowed 82069
You borrowed €2000 for 3 months. What amount must you pay back if the lender charges a 15% interest rate per annum?
- Saving problem
We want to save €25,000. We deposit €3,000 annually, and the interest is 4.4% (interest tax is 19%). How many years do we have to save?
- Principal 82010
Calculate the interest rate if the principal amount of 500 is 5 euros in interest in 5 months.
- Interest 81982
The bank offers interest on the deposit of 4 percent per annum. In how many years will the deposit double?
- Borrower 81777
You lent €400. The borrower paid you €440 back in 5 months. What was the yield on this loan?
- Interest 81773
How much will the deposit grow at an interest rate of 10% p.d. a. for 72 days by €6?
- Interest 80867
How much is the deposit? Which at an interest rate of 3.75%p. a., will it increase by 25 euros in one year?
- Deposit for house
The current house price is $300000, with prices increasing by 3% yearly. A buyer wishes to purchase the house in 5 years. The bank requires a 10%deposit on the price of the house in order to grant a loan. How much would the buyer need to deposit each quar
- Mr. Cruz
Mr. Cruz borrowed 21,600 euros for three years at 16 2⁄3% compounded annually. At the same time, Mr. Santos borrowed the same Amount at Simple Interest for the same period and at the same interest rate. Who Pays more and how much?
- Interest 71474
I will deposit CZK 1,500 into my savings account every month. After ten years, what will be in the account if the interest rate is 4%, the interest period is one month, and the interest tax is 15%?
- An account
Seth has $9,399 in an account. The interest rate is 4 17/20% compounded annually. To the nearest cent, how much will he have in 2 years?
- Percentage 69704
Katka had € 660 in the bank, for which she received interest of € 33 at the end of the year. What percentage was the interest?
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