Bank Deposit for Interest
Tatrabanka offers deposits with an annual interest rate of 3.6%. How much EUR must an entrepreneur deposit in Tatrabanka so that at this interest rate, after the end of the year, the bank will credit him with €1,000 interest on the deposit?
Final 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 have a linear equation or system of equations and are looking for its solution? Or do you have a quadratic equation?
Do you want to convert time units like minutes to seconds?
Do you have a linear equation or system of equations and are looking for its solution? Or do you have a quadratic equation?
Do you want to convert time units like minutes to seconds?
You need to know the following knowledge to solve this word math problem:
algebrabasic operations and conceptsUnits of physical quantitiesthemes, topicsGrade of the word problem
Related math problems and questions:
- Bank interest
The entrepreneur invested euros in the bank at the beginning of 2000 for a period of 9 months with an annual interest rate of 12%. How many euros will the bank credit him with the deposit after nine months? - Investment of the year
At the beginning of the year, my father invested EUR 1,000 in the bank at an annual interest rate of 3%. How many euros will the bank credit him with the deposit after eight months? (compound interest - from financial mathematics) - Interest rate
Karel saved SKK 12,000 in the savings bank at the beginning of the year. At the end of the year, the savings bank credited him with SKK 1,680. At what annual interest rate did Karel have the deposit in the savings bank? - Deposit interest
How much interest will the savings bank credit to the deposit of CZK 25,000 in 1 year at an annual interest rate of 2.5%? - Deposit double years
The bank offers interest on the deposit of 4 percent per annum. In how many years will the deposit double? - 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? - 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?
