Borrowed 42101

Zuza borrowed a certain amount from the bank, with the proviso that she would return 15,000 euros a year. The annual interest rate was set at 4.5%. How much did Zuza borrow?

Correct answer:

a =  14354.067 Eur

Step-by-step explanation:

p=100%+4.5%=1+1004.5=1.045  a p=15000 a 1.045=15000  1.045a=15000  a=1.04515000=14354.06698564  a=14354.066986=14354.067 Eur=1.435104 Eur

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