Deposited 66314

Mr. Adam and Mr. Milan each deposited 20,000 euros in their bank. After the first year, Mr. Adam added 600 euros and Mr. Milan 550 euros. What was the interest rate of each bank?

Correct answer:

p1 =  3 %
p2 =  2.75 %

Step-by-step explanation:




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







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.

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

Related math problems and questions: