Question
A loan in the amount of 60 000 UAH. Issued for six months at a simple interest rate of 23% per annum. Determine the summary.
A loan in the amount of 60 000 UAH. Issued for six months at a simple interest rate of 23% per annum. Determine the summary.
Task 4.2
The entrepreneur is going to buy 30 000 UAH. During the year, with the help of a bank deposit, which provides for a monthly accrual of simple interest at a monthly rate of 5%. What amount should you put on a deposit?
Task 4.3
Loan in the amount of 13 000 UAH. Issued on March 1 to December 2 at 25% per annum (High -Savior). Determine the amount of the amount of the amount for different variants (normal and accurate) calculation of interest.
Task 4.4
Loan in the amount of 22 000 UAH. It is issued for 4 years. The rate of simple percentages for the first year is 29%, and for each subsequent six months it decreases by 2%. Determine the factor of the increase and the sum of the sum.
Task 4.5
Determine the accrual period for which the initial capital is 20,000 UAH. It will increase to UAH 39,000, if a simple interest rate is used 31% per annum.
Step by Step Solution
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Solution to Task 41 The simple interest on the loan can be calculated as Simple Interest Principal Rate Time 100 Here Principal 60000 UAH Rate 23 per annum Time 6 months To convert the annual rate to ...Get Instant Access to Expert-Tailored Solutions
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