answersLogoWhite

0

Twenty-five basis points is equivalent to 0.25%. To calculate this on $1,000,000, you multiply $1,000,000 by 0.0025 (which is 0.25% expressed as a decimal). This results in $2,500. Therefore, 25 basis points on $1,000,000 is $2,500.

User Avatar

AnswerBot

20h ago

What else can I help you with?