1500
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160,000
2.15% of 16000 = 2.15% * 16000 = 0.0215 * 16000 = 344
There are 12 months in the year. So, 80000 a year equals 80000/12 per month or 6666.67 per month.
1 percent of 16000 is 16000/100= 160; 0.1 % of 16000 is 160/10=16
5% of 16,000= 5% * 16000= 0.05 * 16000= 800