Interest p.a.

Calculate the value of the interest in the period of 1 year from the deposit 62000 CZK at 8 percent interest rate after deducting 15 percent tax.

Correct answer:

x =  4216 Kc

Step-by-step explanation:

q=8%=1008=252=0.08 m=100%15%=110015=0.85 a=62000 CZK  x=a q m=62000 0.08 0.85=4216 Kc



Did you find an error or inaccuracy? Feel free to write us. Thank you!



Showing 1 comment:
Michael John Santiago
i activate





Tips for related online calculators
Need help calculating sum, simplifying, or multiplying fractions? Try our fraction calculator.
Our percentage calculator will help you quickly calculate various typical tasks with percentages.
Do you want to convert time units like minutes to seconds?

You need to know the following knowledge to solve this word math problem:

Related math problems and questions: