Scribd
Upload
1 views

Assignment 1

The document contains a series of mathematical problems related to calculating interest, future value, and loan durations. It includes scenarios involving different initial capitals, interest rates, and time periods. Each problem requires applying formulas for simple and compound interest to derive the required financial figures.

Uploaded by

AlphabetCryBaby
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
1 views

Assignment 1

The document contains a series of mathematical problems related to calculating interest, future value, and loan durations. It includes scenarios involving different initial capitals, interest rates, and time periods. Each problem requires applying formulas for simple and compound interest to derive the required financial figures.

Uploaded by

AlphabetCryBaby
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

Assignment 1

Interest in Simple
1. Calculate the total amount of interest produced by an initial capital of
1,600 € at an interest rate of 5% per year, for one year.

2. If 5,168.70€ produces 361.81€ in interest in one year, what is the


percentage rate of interest?

3. Calculate the future value of 100€ compounded at 3.5% annually for


one year.

4. If the future value of a capital is 3,749.23€ after one year at an


annual interest rate of 11%. What was the original capital?

5. If after one year a borrowed capital grew from 492.83€ to 539.65€


what was the interest rate applied?

6. You have invested in a fund 2,404.05€ three years ago and you have
not withdrawn any money since. If the interest rate applied was 8%
per year, what has been the total amount of interest produced?

7. Determine the duration of 360.000€ loan, at an annual interest rate of


12% when 446,000€ was repaid.

8. If a loan of 124,000€ produces 49,600€ of interests in 5 years what


was the interest rate?

9. Calculate the total amount of interest produced by an initial capital of


418,000€ € at an interest rate of 7% per year, for 39 days.
(commercial year)

10. Find the final value of 480,000€ borrowed at 9% of annual interest


rate for 4 months.

11. Your parents opened a savings account for you and placed 240,000€
if in 80 days your savings have produced 4,800€ of interests. What
was the interest rate applied?

12. What was the capital that was lent at 9% of annual interest rate for 5
months if 2,805.98€ was repaid.

You might also like