1000000
the answer to 1000000*1000000 is 1000000000000.
Points: (1, -5) and (3, 5) Slope: 5
Points: (3, 5) and (4, 5) Slope: 0
The difference between these increases is that 1% increase gives the 101% increase of the original amount of points while 100% basis increase gives the 200% increase of the original amount of points.
375000
$1,000.00
5000
5% of 1,000,000= 5% * 1000000= 0.05 * 1000000= 50,000
1000000
5 x 1000000 = 5000000
40 basis points in decimals
5% of 1 million= 5% * 1000000= 0.05 * 1000000= 50,000
1,250
5 billon x 1000000 = 5000000
EEx. 35 basis points would be .0035.
0,05 of a percentage point, i.e the difference of 0,05%. Basis points (bps) refer to the change of percentages. 1 bp = 0,01% change 1% change = 100 bps (The increase of Interest rate from 3,5% to 3.75% can be described as the increase by 25 basis points.)