Principal and interest

Peter put € 270 principal into bank and at the end of the year on account was € 282. To what annual interest rate that Peter had deposited money in the bank?

Result

p =  4.44 %

Solution:

Solution in text p =







Leave us a comment of example and its solution (i.e. if it is still somewhat unclear...):

Showing 0 comments:
1st comment
Be the first to comment!
avatar




To solve this verbal math problem are needed these knowledge from mathematics:

Our percentage calculator will help you quickly calculate various typical tasks with percentages.

Next similar examples:

  1. Deposit is pesos
    penize_49 Sally deposits Php.22,000 in her savings account. If the bank pays 1.5% interest per year, how much will she receive at the end of the year?
  2. Monica
    bank_4 Monica left Php.900 to Bianca. When monica asked for it after 6 months, Bianca decided to give Php.945 instead because she was able to use the money. What interest rate on Monica's money was used by bianca?
  3. Price inflation
    percent_20 This year the average wage grew by 4.5%. Prices rose by 2%. How much did the real wage increase in the given year?
  4. Percentages
    permutations_3_3 52 is what percent of 93?
  5. 15 teachers
    skola_13 15 teachers teach for a combined amount of 128 days over a period of 64 days. What is this expressed as a percentage?
  6. Savings and retirement
    babky_1 The older sibling has saved 44% more euros than the youngest, which represents 22 euros. How many euros older brother has saved ?
  7. Spending
    usd_5 If spends 25% of my net pay of $922.28 on entertainment. How much money is that?
  8. The sales
    chocholate_5 The sales tax rate is 4.447​% for the city and 4​% for the state. Find the total amount paid for 2 boxes of chocolates at ​$17.96 each.
  9. Percents
    percents2_10 How many percents is 900 greater than the number 750?
  10. Commission
    sale_2 Daniel works at a nearby electronics store. He makes a commission of 15%, percent on everything he sells. If he sells a laptop for 293.00$ how much money does Daniel make in commission?
  11. Socks
    sleva_2 One pair of socks worth CZK 27. Set of 3 pairs of these socks are sold with 10% discount. How many we will pay CZK for two offered sets of socks?
  12. Selling price
    usd_11 Find the selling price. Cost to store: $50 Markup: 10%
  13. Profit gain
    percent_12 If 5% more is gained by selling an article for Rs. 350 than by selling it for Rs. 340, the cost of the article is:
  14. The ball
    ball1_4 The ball was discounted by 10 percent and then again by 30 percent. How many percent of the original price is now?
  15. Real estate 2
    penize_49 A real estate agent sold a lot for Php.550,000. If his agency pays at 10% commission, how much commission will he or she receive?
  16. Persons
    ball1_6 Persons surveyed:100 with result: Volleyball=15% Baseball=9% Sepak Takraw=8% Pingpong=8% Basketball=60% Find the average how many like Basketball and Volleyball. Please show your solution.
  17. Loss
    books_34 A bookstore purchased from a publisher the biography of a well-known politician for R15 per copy, but sales have been very poor. The manager has decided to mark the copies down to R12 each to make a quick sale. Calculate the loss on each book as a percenta