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steefi
1 year ago

10% interest for 100€ is = 10€ for 12 months.

For one month it is 10 / 12 = 0,83 €

Igel91
1 year ago
Reply to  steefi

so for 1000€ it is 8.30€

steefi
1 year ago
Reply to  Igel91

No, because it is period 3 – so 8,33 €

But that was a smart answer now, I admit. 😇

Igel91
1 year ago

That’s right. There will also be no interest rate of smooth 10%.

maribi
1 year ago

Since there are hundreds of savings banks with different accounts and terms, no one can answer that, except your savings bank. Either search there or look into the price/performance directory on the website. If you know the interest rates, you can also googlen for an interest rate calculator if you can’t calculate what you have to pay back.

ColleenChambers
1 year ago

Come on to the bank.

For a dispo credit you are fast at 10 – 15% interest.

Z = K x p x t divided by 36000.

1000 x 10 (as an example) x 30 : 36000 would be over the thumb 8,50 € interest.
Like I said for 1 month!

KleineLea1
1 year ago

The interest is given per year, so you can simply share it through 12 and then you have the interest in the month. A year has 12 months.

Igel91
1 year ago

You’re studying law and you can’t make a percentage?! Something’s wrong.

Igel91
1 year ago
Reply to  Unbekannter252

You never passed the Abitur.

myzyny04
1 year ago

You should know your bank’s interest rate.

Example: at 12% the 120 euros per year, about 10 euros per month.

beelee
1 year ago

You have to ask the bank what interest they are raising.