Simple interest

Peter put into bank 790 euros deposit. After 2 years on account overall was 974 euro.

What was the interest rate if bank add simple interest?

Result

p =  11.6 %

Solution:

Solution in text p =







Leave us a comment of this math problem and its solution (i.e. if it is still somewhat unclear...):

Showing 0 comments:
1st comment
Be the first to comment!
avatar




To solve this verbal math problem are needed these knowledge from mathematics:

Our percentage calculator will help you quickly calculate various typical tasks with percentages.

Next similar math problems:

  1. Loan
    money_2 If you take a bank loan $ 10000 and we want to repay after the year, we have to pay the total amount $ 10320/ What is the annual interest rate on this loan?
  2. Mortgage
    hypo_real_estate Family XY wants to take the bank mortgage (loan for an apartment/house) in the amount of € 100,000. Bank for processing the mortgage charges a fee of 0.79% of the amount borrowed. How many euros is this fee?
  3. The game of blind man's buff
    socposit.JPG Slovak levy system makes the gross wage deductions from your pay state employees. It has two components - part employee pays and part pays by the employer Suppose that the super gross wage paid 23% employer. After deducting these contributions we receive g
  4. The percentages in practice
    plodina If every tenth apple on the tree is rotten it can be expressed by percentages: 10% of the apples on the tree is rotten. Tell percent using the following information: a. in June rained 6 days b, increase worker pay 500 euros to 50 euros c, grabbed 21 fro
  5. Commission
    sale_2 Daniel works at a nearby electronics store. He makes a commission of 15%, percent on everything he sells. If he sells a laptop for 293.00$ how much money does Daniel make in commission?
  6. Sale
    usd A camera has a listed price of $751.98 before tax. If the sales tax rate is 9.25%, find the total cost of the camera with sales tax included.
  7. School yearbook
    penize_49 Bianca sold Php.18,500 worth of advertisements for the school yearbook. If she is given a commision of 8%, how much did she earn for the advertisements?
  8. Apples 2
    jablko James has 13 apples. He has 30 percent more apples than Sam. How many apples has Sam?
  9. Persons
    ball1_6 Persons surveyed:100 with result: Volleyball=15% Baseball=9% Sepak Takraw=8% Pingpong=8% Basketball=60% Find the average how many like Basketball and Volleyball. Please show your solution.
  10. The ball
    ball1_4 The ball was discounted by 10 percent and then again by 30 percent. How many percent of the original price is now?
  11. Percents - easy
    percents_5 How many percent is 432 out of 434?
  12. TVs
    tv Production of television sets increased from 3,500 units to 4,200 units. Calculate the percentage of production increase.
  13. New refrigerator
    lednice New refrigerator sells for 1024 USD, Monday will be 25% discount. How much USD will save, and what will be the price?
  14. Iron
    250px-Iron_electrolytic_and_1cm3_cube Iron ore contains 57% iron. How much ore is needed to produce 20 tons of iron?
  15. Human buying irrationality
    athlonxp I longer watch processors for Socket A on ebay, Athlon XP 1.86GHz with a PR rating of 2500+ costs $7 and Athlon XP 2.16Ghz with a PR rating of 3000+ currently cost $16. Calculate: About what percentage of the Athlon XP 2.16Ghz is powerful than Athlon X
  16. Cancer
    cancer Of the 80 people 50 people ill cancer. What percentage of people isn't ill?
  17. Percentages
    permutations_3_3 52 is what percent of 93?