(2/100) * 5000 = (1/50) * 5000 = 5000 / 50 = 100
To calculate p% of a number, you need to multiply it by p and divide by 100, so 2% of 5000 is 5000 * (2 / 100) = 5000 * (1/50) = 100
4900
10,000/2=5000
It is 5000*(1.06)4*11/2 = 5000*1.0622 = 5000*3.064 approx = 18017.69 You realise, of course, that 6 percent quarterly is equivalent to over 26% per year!
2500
5000
2500
5000 * 0.02 = 100
It is (B/100)*(B/100)*5000 = (B^2)/2
(2/100) * 5000 = (1/50) * 5000 = 5000 / 50 = 100
It is 5000 times 1.002 = 5010
0.02
100
0.0004
To calculate p% of a number, you need to multiply it by p and divide by 100, so 2% of 5000 is 5000 * (2 / 100) = 5000 * (1/50) = 100
4900