Financial Literacy and Financial Services Survey 2011

Bosnia and Herzegovina, 2011

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WBG_BIH_2011_FLFS_v01_M

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May 19, 2021

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May 19, 2021

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P23. Let’s assume that you deposited 10,000 KM in a bank account at 10% annual in (P23)

Data file: World_Bank_BIH_FinLit_Survey

Overview

Valid: 1036

Invalid: 0

Type: Discrete

Decimal: 0

Start: 212

End: 212

Width: 1

Range: 1 - 9

Format: Numeric

Questions and instructions

Literal question

Let's assume that you deposited 10,000 KM in a bank account at 10% annual interest rate. The interest will be earned at the end of each year and will be added to the principal. How much money will you have in your account in 5 years if you do not withdraw either the principal or the interest?

Categories

Value	Category	Cases
1	More than 15.000 KM	226	21.8%
2	Exactly 15.000 KM	485	46.8%
3	Less than 15.000 KM	196	18.9%
9	Don’t know	129	12.5%

Warning: these figures indicate the number of cases found in the data file. They cannot be interpreted as summary statistics of the population of interest.

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