Relationship) 38031

We borrowed CZK 50,000. The annual interest rate was 6%. We have to repay the entire debt in 5 years. How much will we pay? (use the compound interest relationship).

Correct answer:

x =  66911.28

Step-by-step explanation:

q=100%+6%=1+1006=1.06 a=50000 n=5  x=a qn=50000 1.065=66911.28=6.7104



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







Tips for related online calculators
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: