Interst on savings

The bank offers 1.6% interest. How many euros have to insert at the beginning if we received € 15 on the interest?

Correct answer:

x =  937.5

Step-by-step explanation:


1.6/100•x = 15

1.6x = 1500

x = 1875/2 ≈ 937.5

Our simple equation calculator calculates it.



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