The same as 2% per year. Per annum means per year.
After 5 years, 20000 at 7% per annum compounded semiannually will be 20000*(1 + 0.5*7/100)2*5 = 20000*(1.035)10 = 28211.98
30 per hundred, 2 x 30 = 60 m
If you start with an investment of I and the interest rate is r% per annum (compounded), then you want a solution to2I = I(1 + r/100)24or I = (1 + r/100)24That is ln(2) = 24*ln(1 + r/100)so that ln(1 + r/100) = ln(2)/24 = 0.02888or (1 + r/100) = exp(0.02888) = 1.0293and so r/100 = 0.0293 so that r = 2.93%If you start with an investment of I and the interest rate is r% per annum (compounded), then you want a solution to2I = I(1 + r/100)24or I = (1 + r/100)24That is ln(2) = 24*ln(1 + r/100)so that ln(1 + r/100) = ln(2)/24 = 0.02888or (1 + r/100) = exp(0.02888) = 1.0293and so r/100 = 0.0293 so that r = 2.93%If you start with an investment of I and the interest rate is r% per annum (compounded), then you want a solution to2I = I(1 + r/100)24or I = (1 + r/100)24That is ln(2) = 24*ln(1 + r/100)so that ln(1 + r/100) = ln(2)/24 = 0.02888or (1 + r/100) = exp(0.02888) = 1.0293and so r/100 = 0.0293 so that r = 2.93%If you start with an investment of I and the interest rate is r% per annum (compounded), then you want a solution to2I = I(1 + r/100)24or I = (1 + r/100)24That is ln(2) = 24*ln(1 + r/100)so that ln(1 + r/100) = ln(2)/24 = 0.02888or (1 + r/100) = exp(0.02888) = 1.0293and so r/100 = 0.0293 so that r = 2.93%
.2 or 20 %
The same as 2% per year. Per annum means per year.
Senate Salaries since 1789 1789-1815 -- $6.00 per diem 1815-1817 -- $1,500 per annum 1817-1855 -- $8.00 per diem 1855-1865 -- $3,000 per annum 1865-1871 -- $5,000 per annum 1871-1873 -- $7,500 per annum 1873-1907 -- $5,000 per annum 1907-1925 -- $7,500 per annum 1925-1932 -- $10,000 per annum 1932-1933 -- $9,000 per annum 1933-1935 -- $8,500 per annum 1935-1947 -- $10,000 per annum 1947-1955 -- $12,500 per annum 1955-1965 -- $22,500 per annum 1965-1969 -- $30,000 per annum 1969-1975 -- $42,500 per annum 1975-1977 -- $44,600 per annum 1977-1978 -- $57,500 per annum 1979-1983 -- $60,662.50 per annum 1983 -- $69,800 per annum 1984 -- $72,600 per annum 1985-1986 -- $75,100 per annum 1987 (1/1-2/3) -- $77,400 per annum 1987 (2/4) -- $89,500 per annum 1990 (2/1) -- $98,400 per annum 1991 -- $101,900 per annum 1991 (8/15) -- $125,100 per annum 1992 -- $129,500 per annum 1993 -- $133,600 per annum 1994 -- $133,600 per annum 1995 -- $133,600 per annum 1996 -- $133,600 per annum 1997 -- $133,600 per annum 1998 -- $136,700 per annum 1999 -- $136,700 per annum 2000 -- $141,300 per annum 2001 -- $145,100 per annum 2002 -- $150,000 per annum 2003 -- $154,700 per annum 2004 -- $158,100 per annum 2005 -- $162,100 per annum 2006 -- $165,200 per annum
120
"2% above Libor" would mean a percentage that is 2 percent more than the Libor rate. You would have to get the current rates (there are different rates for different conditions), add 2%, and then compare.
2 lakh per annum
Roughly 2 bln $ per annum
Around $100, 000 per annum.
S.I on $ 64 for 2 years = $ 19.20 Rate = {100 * 19.20 /64 * 2} = 15% source- www.examville.com
10000 x (1.08)2 = 11664
THREE lakh per annum
After 5 years, 20000 at 7% per annum compounded semiannually will be 20000*(1 + 0.5*7/100)2*5 = 20000*(1.035)10 = 28211.98
2 percent of 14.00 per gram is 0.28.