Your capital in a poor savings account.
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
S.I on $ 64 for 2 years = $ 19.20 Rate = {100 * 19.20 /64 * 2} = 15% source- www.examville.com
Roughly 2 bln $ per annum
Around $100, 000 per annum.
10000 x (1.08)2 = 11664
THREE lakh per annum
"Per annum" is a Latin term that translates to "per year" in English. It is commonly used in financial and legal contexts to indicate an annual rate or figure, such as interest rates, salaries, or expenses. For example, if a loan has an interest rate of 5% per annum, it means that 5% interest is charged each year on the principal amount.
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