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, shall be inserted into the bank to account with an annual interest rate of 2%

Result

x =  8998.99 Eur

Solution:

Solution in text x =
Solution in text x = : Nr. 1
Solution in text x = : Nr. 1

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