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


We would be pleased if you find an error in the word problem, spelling mistakes, or inaccuracies and send it to us. Thank you!






Showing 0 comments:
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:

  • Profit gain
    percent_12 If 5% more is gained by selling an article for Rs. 350 than by selling it for Rs. 340, the cost of the article is:
  • Iron
    250px-Iron_electrolytic_and_1cm3_cube Iron ore contains 57% iron. How much ore is needed to produce 20 tons of iron?
  • Seeds 2
    seed How many seeds germinated from 1000 pcs, when 23% no emergence?
  • 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 from
  • Selling price
    usd_11 Find the selling price. Cost to store: $50 Markup: 10%
  • Savings and retirement
    babky_1 The older sibling has saved 44% more euros than the youngest, which represents 22 euros. How many euros older brother has saved ?
  • 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?
  • 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?
  • Cancer
    cancer Of the 80 people 50 people ill cancer. What percentage of people isn't ill?
  • Class
    children_2 In a class are 32 pupils. Of these are 8 boys. What percentage of girls are in the class?
  • 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?
  • 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?
  • VAT
    tax VAT is a tax which the state artificially betrays goods and services for final consumption. VAT in Slovakia is 20%. Calculate how much percent pay less tax residents of Japonska, when VAT is only 5%.
  • Profitability
    zisk The purchase price of goods is 13000, the sales price is the 20000. What is the profitability as a percentage?
  • 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?
  • Dealer
    canon Dealer sell digital camera for € 747. Thirty percent of the price was his profit. After some time, decreased interest in selling the camera and therefore reduce its sales price by 11 %. How many percent of the new price now is dealer's profit? Round the r
  • Loan 4
    penize_49 Mr santos borrowed Php.18,000 at 1.5% interest for one year. What was the total amount he paid for the end of the 1-year term?