3 percent of 6000 is 180.
3% of 6000 = 3% * 6000 = 0.03 * 6000 = 180
3 percent of 170 is 5.10
3% of 550000 = 550000*3/100 = 16500
$2,500 is your answer
3 percent of 6000 is 180.
3% of 6000 = 3% * 6000 = 0.03 * 6000 = 180
3 percent of 170 is 5.10
$2400
"How much money should be deposited at 4.5 percent interest compounded monthly for 3 years?"Incomplete question.... to do what?
3% of 550000 = 550000*3/100 = 16500
To calculate 3% interest on $150,000, you first convert the percentage to a decimal by dividing by 100, which gives you 0.03. Then, you multiply the decimal interest rate by the principal amount ($150,000) to find the interest. Therefore, 3% interest on $150,000 would be $4,500.
One percent = .01; so 30 percent = 30 X .01 = .3. 6000 X .3 = 180. To find the percentage you always convert the percent number to a decimal and multiply it by the number.
$2,500 is your answer
Interest paid = PTI / 100 Substituting 6000 = 40000 x 3 x I / 100 Algebraically rearrange I = 6000 x 100 / ( 40000 x 3) Cancel down by '1000' I = (6 x 100) / (40 x 3) Cancel down by '3' I = ( 2 x 100) / 40 x 1) Cancel down by '10' I = (2 x 10) / ( 4) Cancel down by '2' I = (1 x 10 / 2) => I = 10 /2 I = 5 % ( The rate percent at Simple Interest).
128.75
Express 3 percent as a decimal (0.03) and multiply by the original number =100000*0.03 =3000