The discount is $6,600.00 resulting in $103,400.00
4.2% of 110000 = 4.2% * 110000 = 0.042 * 110000 = 4,620
3% of 110000 = 3% * 110000 = 0.03 * 110000 = 3300
5% of 110000 = 110000*5/100 = 5500
20% of 110000 = 110000*20/100 = 22000
30% of 110,000 = 30% * 110000 = 0.3 * 110000 = 33,000
15% of 110,000= 15% * 110000= 0.15 * 110000= 16,500
110000%1100= 1100 * 100%= 110000%
-13.64%
37% of 110,000 is 40,700.
What is the present value of 500 to be recieved 10 yrs from today if it is discount at the rate of 6 percent?
Percent of discount is the percentage of a whole price that is taken off as a discount.
The total discount is $-0.51 and the total price after the discount is $7.99.