Question

Janka si vložila 3200 eur na termínovaný účet s 1,2 úrokovou mierov koľko bude mať po 1 roku

Answer 1

Answer:

the present value is 3,162 euros

Step-by-step explanation:

The computation of the present value is shown below:

As we know that

Future value = Present value × (1 + rate of interest)^number of years

3,200 euros = Present value × (1 + 0.012)^1

3,200 euros =  Present value × 1.012^1

Present value is

= 3,200 euros ÷ 1.012

= 3,162 euros

Hence, the present value is 3,162 euros