Slovakia banks

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

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

Correct answer:

n =  4.3

Step-by-step explanation:

n=0.62.6=4.3



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