Inflation 42111
A client deposits 100,000 euros in XYZ bank for a term deposit with an interest rate of 4% pa (per annum). After six months, you went to get the money. How much did he have in his account with the described half-yearly interest?
PS When you deposit money in a bank, you don't earn money on it. .. inflation and fees are usually higher than interest. ..
PS When you deposit money in a bank, you don't earn money on it. .. inflation and fees are usually higher than interest. ..
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