A man deposits 12500 Euro on a bank account. The interest rate is 2.7% per annum (per year). How much does he have after 15 years? Would he have more if the interest rate was 3% for 13 years?
between the Næstved Gymnasium in Denmark and the LP2I in France
A man deposits 12500 Euro on a bank account. The interest rate is 2.7% per annum (per year). How much does he have after 15 years? Would he have more if the interest rate was 3% for 13 years?
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– 21 April 2008
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