Deposit
At the beginning of the year, Michael's father opened a bank account in which he deposited 1,800 euros. At the end of the year, he had 1,845 euros in his bank account. What was the annual interest rate in percent?
Correct answer:

Tips for related online calculators
Our percentage calculator will help you quickly and easily solve a variety of common percentage-related problems.
Do you want to convert time units like minutes to seconds?
Do you want to convert time units like minutes to seconds?
You need to know the following knowledge to solve this word math problem:
basic operations and conceptsUnits of physical quantitiesGrade of the word problem
Related math problems and questions:
- Annual interest
If, after a year, at an annual interest rate of 3.8%, Mr. Slovak had 2,076 euros in his account, how many euros did he deposit in the bank?
- Deposited 66604
The parents deposited 2,000 euros in Vierka's daughter's account at an annual interest rate of 2%. If the bank adds interest, how many euros will be in the account in a year?
- Client
A bank client had €1,320 deposited in her account throughout the year. At the end of the year, €33 in interest was credited to the account. What interest rate was used to determine the principal?
- Grandparents
The grandfather set aside €1200 for savings. At the beginning of each month, he deposited €100 in the bank at an interest rate of 3%p. A. At the end of the year, he had €1,219.68 in the bank. Grandma immediately put the entire amount of €1,200 into the ba
- Small interest 3
Tomáš had a certain amount of money in his account, which earned him €64 in interest for a year at an interest rate of 2% p. a. What would be the interest on the same amount if the annual interest rate was 3.5%?
- Beginning 82198
At the end of the year, the lady had 360,009 CZK in her account with added interest. What was the amount at the beginning of the year if the interest rate was 10.5% pa?
- Annual pension
Calculate the amount of money generating an annual pension of EUR 1000, payable at the end of the year and for a period of 10 years, which shall be inserted into the bank to account with an annual interest rate of 2%