The deposit

A deposit has been placed for one year at an annual rate of 4.5%. After the added interest amount rose to € 2,612.5.
Find initial deposit.

Correct answer:

x =  2500

Step-by-step explanation:

q=100%+4.5%=1+1004.5=1.045  q x=2612.5 1.045 x=2612.5  1.045x=2612.5  x=2500

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

Showing 1 comment:
Where did you get the 1.045?

4 months ago  1 Like

Tips for related online calculators
Our percentage calculator will help you quickly calculate various typical tasks with percentages.
Do you have a linear equation or system of equations and 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:

Related math problems and questions: