# How Much Deposit Do You Need For A House

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If you are looking for the answer of how much deposit do you need for a house, you’ve got the right page. We have approximately 10 FAQ regarding how much deposit do you need for a house. Read it below.

## Although you may not be going into law school, do

Ask: Although you may not be going into law school, do you think you still need to stock your mind with the deposit of much good reading? Why or why not?

yes

Explanation:

para kahit masa bahay ka kailangan mo.rin mag aral

## Suppose you deposit one cent into your piggy bank on

Ask: Suppose you deposit one cent into your piggy bank on the first day of December and, on each day of December after that, you deposit twice as much as on the previous day. How much will you have in the bank after the last deposit?

The amount we deposit each day goes in the following series.

1,2,4,8,16………….. 31st term.

So, First term (a) = 1

Common ratio (r) = 2.

No of terms n = 31

Therefore sum of all money deposited is;

⇒ [tex]s_{n}= a( frac{r^{n}-1}{r-1}) = 1times frac{2^{31} – 1}{2-1} = 2^{31}= 2,147,483,648 [/tex]
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## Annabel paid 50% deposit on a chair costing \$240. How

Ask: Annabel paid 50% deposit on a chair costing \$240. How much is the deposit? and how much is left to pay?

50% = .5

240*.5=120 she paid

240-120= 120 the balance left

annabel paid \$120 and that’s the same amount she still needs to pay

## Suppose you want to rent a house whose rental fee

Ask: Suppose you want to rent a house whose rental fee is P4500 per month with one-month

deposit and one-month advance scheme, how much are you going to pay? Why do you

think the landlords ask for those payment first before you can use their properties​

Solutions:

Rental fee * per month

4500 * 12 = 54000

Then

Less one month deposit which is 4500 and less also one month advance scheme which is 4500.

So 54000 – 9000 = 45000 is the answer

## 6. If you deposit \$4000 into an account paying 6%

Ask: 6. If you deposit \$4000 into an account paying 6% annual interest compounded quarterly, how much money will be in the account after 5 years?

7. If you deposit \$6500 into an account paying 8% annual interest compounded monthly, how much money will be in the account after 7 years?

8. How much money would you need to deposit today at 9% annual interest compounded monthly to have \$12000 in the account after 6 years?

9. If you deposit \$2500 into an account paying 11% annual interest compounded quarterly, how long until there is \$4500 in the account?

10. How much money would you need to deposit today at 5% annual interest compounded monthly to have \$20000 in the account after 9 years?

(give solutions pls)​

1. \$5433.18

2. \$10,785.92

3. \$3874.62

4. \$20,000

5. 8 years

6. \$5,038.80

7. \$10,532.27

8. \$8735.88

9. 6 years

10. \$13,980.08

1. Formula: A = P(1+r/n)^nt,

where A is the future value of the account, P is the principal, r is the annual interest rate, n is the number of times the interest is compounded per year, and t is the number of years.

A = 4000(1+0.06/4)^(4*5)

A = 4000(1.015)^20

A = 4000(1.331790)

A = 5,433.18

2. Formula: A = P(1+r/n)^nt

A = 6500(1+0.08/12)^(12*7)

A = 6500(1.006667)^84

A = 6500(2.113121)

A = 10,785.92

3. Formula: A = P(1+r/n)^nt

A = 8000(1+0.07/4)^(4*3)

A = 8000(1.0175)^12

A = 8000(1.220845)

A = 9,766.76

A = 9,766.76 – 8000

A = 3,874.76

4. Formula: P = A/(1+r/n)^nt

P = 20000/(1+0.05/12)^(12*4)

P = 20000/(1.004167)^48

P = 20000/(2.611884)

P = 7,607.24

5. Formula: t = (log(A/P))/(log(1+r/n))

t = (log(20000/1000))/(log(1+0.08/4))

t = (log(20))/(log(1.02))

t = 3.912023/0.019904

t = 8 years

6. Formula: A = P(1+r/n)^nt

A = 4000(1+0.06/4)^(4*5)

A = 4000(1.015)^20

A = 4000(1.331790)

A = 5,038.80

7. Formula: A = P(1+r/n)^nt

A = 6500(1+0.08/12)^(12*7)

A = 6500(1.006667)^84

A = 6500(2.113121)

A = 10,532.27

8. Formula: P = A/(1+r/n)^nt

P = 12000/(1+0.09/12)^(12*6)

P = 12000/(1.0075)^72

P = 12000/(2.688837)

P = 8,735.88

9. Formula: t = (log(A/P))/(log(1+r/n))

t = (log(4500/2500))/(log(1+0.11/4))

t = (log(1.8))/(log(1.0275))

t = 0.832909/0.006845

t = 6 years

10. Formula: P = A/(1+r/n)^nt

P = 20000/(1+0.05/12)^(12*9)

P = 20000/(1.004167)^108

P = 20000/(3.923502)

P = 13,980.08

## 1.As if, you are going to make a banking deposit.

Ask: 1.As if, you are going to make a banking deposit.
2.You need to decide how much money you will deposit.
3.The duration of time will 8 years.
4.Let see how much you earn interest in 8 years.
Used the compound interest method.

Step-by-step explanation:

1.As if, you are going to make a banking deposit.

2.You need to decide how much money you will deposit.

3.The duration of time will 8 years.

4.Let see how much you earn interest in 8 years.1.As if, you are going to make a banking deposit.

2.You need to decide how much money you will deposit.

3.The duration of time will 8 years.

4.Let see how much you earn interest in 8 years.

## The miranda family decided to buy a house priced at

Ask: The miranda family decided to buy a house priced at php 220,000. 15% downpayment was required. moving out costs amounted to php 4,000 and water, electrical connection and meter deposits costs php 3,500. how much cash needed at moved out into the new house?​

## 40,500

Step-by-step explanation:

## if you are deposite 100,000 pesos on the bank that's

Ask: if you are deposite 100,000 pesos on the bank that’s pays with an interest of 8% compounded quarterly ,how much money do you earn after 3 years?​

126824pesos and cents

Step-by-step explanation:

the formula for that is :

A = P( 1 + r/n )^n×t

were:

P • money in pesos. = 100,000

R • rate = 8% or 0.08

N • the num. u devide in a year = quarter or 4

T • the num. of year = 3

and Hope It Helps

## 6. If you deposit \$4000 into an account paying 6%

Ask: 6. If you deposit \$4000 into an account paying 6% annual interest compounded quarterly, how much money will be in the account after 5 years?

7. If you deposit \$6500 into an account paying 8% annual interest compounded monthly, how much money will be in the account after 7 years?

8. How much money would you need to deposit today at 9% annual interest compounded monthly to have \$12000 in the account after 6 years?

9. If you deposit \$2500 into an account paying 11% annual interest compounded quarterly, how long until there is \$4500 in the account?

10. How much money would you need to deposit today at 5% annual interest compounded monthly to have \$20000 in the account after 9 years?

6. If you deposit \$4000 into an account paying 6% annual interest compounded quarterly, the amount of money in the account after 5 years would be \$4864.32.

7. If you deposit \$6500 into an account paying 8% annual interest compounded monthly, the amount of money in the account after 7 years would be \$9371.97.

8. To have \$12000 in an account after 6 years at 9% annual interest compounded monthly, you would need to deposit \$9363.18 today.

9. If you deposit \$2500 into an account paying 11% annual interest compounded quarterly, it would take approximately 9.63 years for the amount in the account to reach \$4500.

Step-by-step explanation:

## Ben needs to have Php 20,000 after two years. Assuming

Ask: Ben needs to have Php 20,000 after two years. Assuming that he will only deposit once, with a 5% interest compounded annually, how much will you deposit today?

A = 20,000
r = .05
n = 1   (annually)
t = 2
P= Present value or deposit amount

A = P (1 + r/n)^ (tn)

20,000 = P (1 + 0.05) ¹ˣ ²

20,000 = P (1.1025)

P = 20,000/1.1025

P =  Php 18,140.59    or   Php 18,141.00