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Earn +20 ptsQ: What is 700 percent of 5000?
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What is 14 percent of 5000?
14% of 5000 = 5000*14/100 = 700
What is 5000 as a percent?
5000 is 5000*100 = 500000%
What is 3 percent of 700?
3 percent of 700 is 21
What is the amount of interest that is paid on a loan when the principal is 5000 the interest rate is 7 percent per year and the time is 2 years?
Simple interest I=Prt = (5000)(0.07)(2) = $700.Compound interest: A=P(1+r)t = 5000(1.07)2 = 5000(1.1449) = $5,724.50;I=A-P = 5,724.50 - 5000 = $724.50
What is 4.8 percent of 5000?
4.8% of 5000 = 4.8% * 5000 = 0.048 * 5000 = 240
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