Deposit withdrawal
Paul deposited 1,750 euros in the bank at an interest rate of 2.60 percent. He wants to withdraw the money after 9 months.
A) How much would he earn in interest? (withdrawal is free of charge.)
B) How much will he receive if the interest is taxed at 19%?
A) How much would he earn in interest? (withdrawal is free of charge.)
B) How much will he receive if the interest is taxed at 19%?
Correct answer:
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