Annual interest

How many euros did Mr. Slovak deposit in the bank if, after a year, at an annual interest rate of 3.8%, he had 2,076 euros in his account?

Correct answer:

x =  2000 Eur

Step-by-step explanation:

q=100%+3.8%=1+1003.8=1.038  x q=2076 x 1.038=2076  1.038x=2076  x=1.0382076=2000  x=2000=2000 Eur

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