To get a percentage you need to divide the number by 100 and multiply the result by the percentage you require......
500 / 100 = 5
5 x 5 = 25
so, 25 = 5% of 500
Chat with our AI personalities
Interest rate (also called the rate of return). For example: What is the interest rate on a 10,000$ principle investment that pays 500$ after one year? 10000 * r = 500 r = 500 / 10000 r = .05 = 5% Check: 10000$ @ 5%/1 yr = i 10000 * 5/100 = i 10000 * .05 = 500 ($ Interest at the end of 1 yr) 500 = 500 = true! ======== Response 1: what is the answer d. percent of change
500 invested for 5 years at 7% interest compounded annually becomes 701.28
What is the present value of 500 to be recieved 10 yrs from today if it is discount at the rate of 6 percent?
C1 V1= C2 V2 500x10= 7.5xV2 V2= 666.6 Final vol= 666.6-500= 166.6
100