no it is 500,000 dollars.
5% of 5000 dollars= 5% * 5000= 0.05 * 5000= 250 dollars
K, in money, stands for thousand. So, 5K dollars is 5 thousand dollars.
1,000 dollars.
2500 dollars
One thousand dollars 5% is 1/20th
2 million dollars divided by 5 is 400 thousand dollars.
5 thousand dollars. K=1,000
$5,000.00
K, in money, stands for thousand. So, 5K dollars is 5 thousand dollars.
There are 52 weeks in a year. (52 × 5) × 1000 = 260,000 (two hundred and sixty thousand dollars).
If you had 5 thousand dollars in 1902 it would be like having fifty thousand dollars now.