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1000 + 1000 + 1000 + 1000 + 40 + 30 + 20 + 10 = 4100
20% of 1000 is 200 therefore: 1000 + 200 = 1200
1000
20% of 1,000.00= 20% * 1000= 0.2 * 1000= 200.00
6 percent of 1000 is 60 - whether now, 20 years ago or 20 years from now.