Interest, deposits and loan math - practice problems - page 3 of 6
Direction: Solve each problem carefully and show your solution in each item.Number of problems found: 109
- Deposited 66604
The parents deposited 2,000 euros in Vierka's daughter's account at an annual interest rate of 2%. If the bank adds interest, how many euros will be in the account in a year? - Interest 66484
The bank provides loans with an interest rate of 5% pa. How much interest will you pay if you borrow 5,000 euros for: A) 1 year B) 1/2 year C) 1/4 year D) 5 years? - Wendy
Wendy deposits R6500 into an account, paying 8% annual interest compounded monthly. How much money will be in her account after 84 months of paying 8% annual interest compounded continuously? - Deposited 66314 Mr. Adam and Mr. Milan each deposited 20,000 euros in their bank. After the first year, Mr. Adam added 600 euros and Mr. Milan 550 euros. What was the interest rate of each bank?
- Interest 66304 How big would the Novak family take out a housing loan if they paid an interest of 5500 euros after the first year and the interest rate of this loan was 5.5% p. and.?
- Interest 66024 How much do I have to save per month to save CZK 100,000 in 5 years if the interest rate is 4%, the interest period is one month, and the interest tax is 15%?
- Investment If an investor invests $2000 on January 1st, every year guarantees him 4% per annum. If the interest is calculated on December 31st, how much will the account be at the end of the 10th year?
- Annual interest
If, after a year, at an annual interest rate of 3.8%, Mr. Slovak had 2,076 euros in his account, how many euros did he deposit in the bank? - Deposit withdrawal
Paul deposited 1,750 euros in the bank at an interest rate of 2.60 percent. He wants to withdraw the money after 9 months. A) How much would he earn in interest? (withdrawal is free of charge.) B) How much will he receive if the interest is taxed at 19%?
- 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?
- Deposited 65534 Danka and Janka deposited their money in the bank in an account with an interest rate of 2.9 percent pa. How many euros did Janka invest if she earned 4.64 euros in interest and Danka 29 cents less?
- Interest 65494 Martina invested 1,300 euros in the bank, and after a year, the bank credited her with an interest of 26.65 euros. What was this bank's annual interest rate?
- Interest 65474 Uncle Vendelín paid 350 euros for a new washing machine, which he had to borrow 40 percent. He paid off the loan for one year - 15 euros per month. How much did he pay in interest? What was the interest rate on loan?
- Interest compounded annually If you deposit $4500 at 5% annual interest compounded annually, how much money will be in the account after ten years?
- Future value investment
Poseidon deposited 2,747 golden drachmas in a Mount Olympus college savings account to ensure Percy could attend college. It pays 0.04 (percent in decimal form) annual interest. After 11 years, he withdraws the money. How much more money would he have if - Mr. Brown
Mr. Brown invested 15,000 euros in the bank for an annual term deposit. After the first year, he gained 600 euros. What was the annual interest rate of his deposit? - Inflation 42111
A client deposits 100,000 euros in XYZ bank for a term deposit with an interest rate of 4% pa (per annum). After six months, you went to get the money. How much did he have in his account with the described half-yearly interest? PS When you deposit money - Interest rate
We borrowed CZK 50,000. The annual interest rate was 6%. We have to repay the entire debt in 5 years. How much will we pay? (use the compound interest relationship). - Interest 37571 We will deposit € 10,500 at the bank at 1.1% interest, and we want to withdraw € 11,000. How many years do we have to wait? Round to 2 decimal places.
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