It is 4.534%
835 percent = 835/100 = 167/20
18600
835 = 83500%
45% of 835= 45% * 835= 0.45 * 835= 375.75
18600 x (1.04)2 = 18600 x 1.0816 = 20117.76. The effective rate is 8.16%
.835
83.5%
835 $10,000.00 x .0835 = $835
% rate:= (835/1000) * 100%= 0.835 * 100%= 83.5%
3.6% of 835.00= 3.6% * 835= 0.036 * 835= 30.06
9.85 years, approx.
94.25%% rate:= 787/835 * 100%= 0.9425 * 100%= 94.25%