"percent" means "out of 100"20 percent of 5000 is:20/100 x 5000 = 1000Correct - as far as it goes.But the question was not 20 percent of 5000, it was 20 percent of 5000 percent.So the answer is 1000 percent. And that, in turn, gives the correct answer of 10
2.8% of 5000= 2.8% * 5000= 0.028 * 5000= 140
36% of 5000 is 1800.
15% of 5000 = 15% * 5000 = 0.15 * 5000 = 750
5000+(5000 x .08)= 5400
6% of 5000= 6% * 5000= 0.06 * 5000= 300
It is 5000*(1.06)4*11/2 = 5000*1.0622 = 5000*3.064 approx = 18017.69 You realise, of course, that 6 percent quarterly is equivalent to over 26% per year!
Simple interest: 5000 + I = PTR/100 = 5000 + 5000 x 4 x 6/100 = 6200 Compound interest: = 5000 x 1.064 = 6312.38
7,093 * * * * * No, that is for 6 years. For 5 years it is 5000*(1.06)5 = 6691.13
5000 x (1.03)10 = $6719.58
"percent" means "out of 100"20 percent of 5000 is:20/100 x 5000 = 1000Correct - as far as it goes.But the question was not 20 percent of 5000, it was 20 percent of 5000 percent.So the answer is 1000 percent. And that, in turn, gives the correct answer of 10
5000 x (1.06)5 = 5000 x 1.338 = 6691.13
5000 is 5000*100 = 500000%
1015 / 5000 = 0.203 x 100 = 20.3 percent Therefore, 1015 is equal to 20.3 percent of 5000.
5000 x 6/100 x 83/365 = (300 x 83)/365 = 68.22
6 yrs @ 10% = 60% = 3000
0.06% = 0.0006 = 6/10000 or 3/5000 in fraction