Possibility 65535

The bank offers a term account with the possibility of early withdrawal with an interest rate of 1.85 percent pa.
Milan put 2,500 euros on it on January 2. If he withdraws the money after eight months, how many euros will he get?

Correct answer:

x =  30.83

Step-by-step explanation:

$$\begin{gathered} a=2500\text{eur} \\ m=8/12=\frac{2}{3}\doteq 0.6667 \\ q=1.85\%=\frac{1.85}{100}=0.0185 \\ x=a\cdot q\cdot m=2500\cdot 0.0185\cdot 0.6667=30.83 \end{gathered}$$

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