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1 percent of 250 million is 2.5 million .

The accumulation per year depends on whether it's simple, annual interest,

or whether it's compounded at some interval during the year.

You also need to know whether it's going to be compounded after the first year,

because if it is, then you head into the second year owing 252.5 million, not 250.

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โˆ™ 2012-06-28 17:19:27
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Q: What is the accumalation of 250million PER YEAR if the interest is 1 percent?
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