Borrowed

Mr. Douda borrowed 200,000 SK from the bank at an annual interest rate of 15.4%. He will repay the loan after four years. How many korunas will he have to repay?

Correct answer:

x =  354693.5 Kc

Step-by-step explanation:

a=200000 Kc q=100%+15.4%=1+10015.4=1.154  q4=q4=1.15441.7735  x=a q4=200000 1.7735=354693.5 Kc



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