How much is 30 percent interest rate on 5 million euros?

Answer 1

easy one- first you have to know what 1% of 5million is, so we divide by 100 to give 50'000 then multiply by the 30% that we want, so 50'000x30= 1.5 million

you could also divide by 10 to give 500'000 then multiply by 3 to give 1.5 million