Interest 65494

Martina invested 1,300 euros in the bank, and after a year, the bank credited her with an interest of 26.65 euros. What was the annual interest rate of this bank?

Correct answer:

p =  2.05 % pa

Step-by-step explanation:

a=1300 Eur i=26.65 Eur  p=100 ai=100 130026.65=2041%pa=2.05%pa



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