Principal and interest

Peter put € 270 principal into the bank, and at the end of the year, the account was € 282. To what annual interest rate had Peter deposited money in the bank?

Correct answer:

p =  4.44 %

Step-by-step explanation:

p=100 (282270)/270=4.44%



Did you find an error or inaccuracy? Feel free to write us. Thank you!







Tips for 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:

Units of physical quantities:

Grade of the word problem:

Related math problems and questions: