Beginning 82198

At the end of the year, the lady had 360,009 CZK in her account with added interest. What was the amount at the beginning of the year if the interest rate was 10.5% pa?

Correct answer:

a =  325800

Step-by-step explanation:

b=360009 r=100%+10.5%=1+10010.5=1.105  a r=b  a=b/r=360009/1.105=325800



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