"Decreased by 62 percent" means that 38 percent is left over. Since percent means hundredths, you just multiply 0.38 x 7000.
420
Six decreased by 62% = 2.28
Annually compounded at a %6 rate on $7000 equals $9896.
That will be -40%
"Decreased by 62 percent" means that 38 percent is left over. Since percent means hundredths, you just multiply 0.38 x 7000.
420
69 decreased by 6 percent = 64.86 69 decreased by 6% = 69 - (6% * 69) = 69 - (0.06 * 69) = 69 - 4.14 = 64.86
Six decreased by 62% = 2.28
Annually compounded at a %6 rate on $7000 equals $9896.
2,538
94
-25%
assets must have decreased by 7000
That will be -40%
7000 percent of 100 = 70007000% of 100= 7000% * 100= 70 * 100= 7000
16 percent of 7000 is 1120.