Deposit 3

After a year had Martin on bank account € 2028. What was the interest rate when the initial deposit was € 1879?

Correct result:

p =  7.9 %

Solution:

p=100⋅2028−18791879=7.9%p = 100\cdot \dfrac{ 2028-1879}{ 1879} = 7.9 \%

Try another example


Our examples were largely sent or created by pupils and students themselves. Therefore, we would be pleased if you could send us any errors you found, spelling mistakes, or rephasing the example. Thank you!


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




Tips to related online calculators
Our percentage calculator will help you quickly calculate various typical tasks with percentages.
Do you want to convert time units like minutes to seconds?

You need to know the following knowledge to solve this word math problem:

Next similar math problems:

  • Deposit is pesos
    penize_49 Sally deposits Php.22,000 in her savings account. If the bank pays 1.5% interest per year, how much will she receive at the end of the year?
  • Principal and interest
    bank_pig Peter put € 270 principal into bank and at the end of the year on account was € 282. To what annual interest rate that Peter had deposited money in the bank?
  • 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?
  • Monica
    bank_4 Monica left Php.900 to Bianca. When monica asked for it after 6 months, Bianca decided to give Php.945 instead because she was able to use the money. What interest rate on Monica's money was used by bianca?
  • Washing machine
    washing_masine The price of washing machine was decreased by 21% and then by 55 € due small sales. After two price decreases cost € 343. How much was originally cost?
  • Price inflation
    percent_20 This year the average wage grew by 4.5%. Prices rose by 2%. How much did the real wage increase in the given year?
  • Enrollment
    enrollment The enrollment at a local college increased 4% over last year's enrollment of 8548. Find the increase in enrollment (x1) and the current enrollment (x2).
  • Profitability
    zisk The purchase price of goods is 13000, the sales price is the 20000. What is the profitability as a percentage?
  • Gloves
    rukavice I have a box with two hundred pieces of gloves in total, split into ten parcels of twenty pieces, and I sell three parcels. What percent of the total amount I sold?
  • 15 teachers
    skola_13 15 teachers teach for a combined amount of 128 days over a period of 64 days. What is this expressed as a percentage?
  • Reward
    metals Janko and Peter divided the reward from the brigade so that Peter got 5/8 of the reward. What percentage of Janko's reward got?
  • Percentages
    permutations_3_3 52 is what percent of 93?
  • Break time
    skola_1 Calculate how many percent of school time is spent on breaks. Calculate data for the whole week.
  • Percents - easy
    percents_5 How many percent is 432 out of 434?
  • Base, percents, value
    percent_1 Base is 344084 which is 100 %. How many percent is 384177?
  • 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.
  • Real estate 2
    penize_49 A real estate agent sold a lot for Php.550,000. If his agency pays at 10% commission, how much commission will he or she receive?