Slovakia banks

It is unwritten rule that the larger bank in Slovakia (number of clients, balance sheet) the worst / more expensive services offered to clients. Perhaps it is customs and herd customers that prefer only trio SLSP, VUB and Tatrabanka.

Calculate how many times worse remunerated 2-month deposits b1 (0.6% interest) as mBank (2.6% interest).

Result

n =  4.3

Solution:

n=2.60.6=4.3n = \dfrac{ 2.6}{ 0.6} = 4.3







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