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Earn +20 ptsQ: 10000 at 6 percent for 3 years?
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What is six percent of 10000?
6% of 10000 = 10000*6/100 = 600
How much less interest is earned at 6 percent simple interest for 5 years on a 10000 investment than a 6 percent rate compounded daily for 5 years?
3000
What is 6 percent of 10000?
6% of 100.00= 6% * 100= 0.06 * 100= 6.00
How do you write 0.06 percent as a fraction?
0.06% = 0.0006 = 6/10000 or 3/5000 in fraction
How do you change .06 percent to a fraction?
1/100 is 1% so 1/1000 is 0.1% so 1/10000 is 0.01% therefore 6/10000 is 0.06% this cancels down to 3/5000
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