$500 at 2 percent for 1 year
1% of 500 = 500*1/100 = 5
500 divided by 100 = 1% 500/100=5
your face times 50
0.01 x 500 = 5
5/1= 500%/100%= 5/1
"Of" means you should multiply them. 10%=.1 10% of 500=.1*500=50
% rate = 0.2% = 1/500 * 100% = 0.2 * 1% = 0.2%
0.2%
b
5/1
500$