The deposit
A deposit of € 2,612.5 was placed for one year at an annual rate of 4.5%. After one year, the amount rose to € 2,612.5. Find the initial deposit.
Correct answer:

Tips for related online calculators
Our percentage calculator will help you quickly and easily solve a variety of common percentage-related problems.
Do you have a linear equation or system of equations and are looking for its solution? Or do you have a quadratic equation?
Do you want to convert time units like minutes to seconds?
Do you have a linear equation or system of equations and are looking for its solution? Or do you have a quadratic equation?
Do you want to convert time units like minutes to seconds?
You need to know the following knowledge to solve this word math problem:
algebrabasic operations and conceptsUnits of physical quantitiesthemes, topicsGrade of the word problem
Related math problems and questions:
- Millionaire
Mr. Smith has withdrawn from the bank, saving interest € 1,500. How big was his initial deposit if the annual interest rate was 1.5%?
- Mr. Vojta
Mr. Vojta put in the bank 35000 Kč. After a year at the bank, he was credited with an interest rate of 2% of the deposit amount. How, then, will Mr. Vojta be in the bank?
- Deposit
At the beginning of the year, Michael's father opened a bank account in which he deposited 1,800 euros. At the end of the year, he had 1,845 euros in his bank account. What was the annual interest rate in percent?
- Christmas 7392
The parents won 12,000 euros. They decided to spend 34% of their winnings on Christmas presents and put the rest in the bank. How many euros did they deposit in the bank? What was the annual interest rate at the bank if they were credited with 118.8 euros
- Deposit 3
After a year, Martin had a bank account € 1559. What was the interest rate when the initial deposit was € 1409?
- Interest 4818
The interest for one year on the deposit of € 2,000 was € 18. What was the annual interest rate in percent?
- Entrepreneur 22941
Entrepreneur Zahourek deposited 450,000 into the bank's account with 4.5% annual interest. Calculate the amount on the deposit account after three years.