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Determine the interest and final payment payable by the borrower if the loan is 350 thousand UAH for 6 months. Interest rate is 25% per year.
The money supply during the year is 2 million UAH, the velocity of money turnover – 8.5 turns per year. Determine the value of goods and services realized during the year (in UAH).
Deposit (342 million UAH) is lent to a bank for 9 months with the monthly interest advanced interest rate of 15% per year. Determine the real interest income for the expected monthly inflation rate of 3%.
For what term is it necessary to lend the 2,450 UAH deposit if you want to receive 450 UAH interest and the interest rate is 15% per year.