20500 x.07 js 1435
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Assuming 6.5% refers to the annual interest rate, the monthly interest is 111.04 approx.
7 percent is 7 percent. 7 percent of 35,000 is 2450.
7 percent of 7 percent = 49/10000 or 0.00497% of 7%= 7/100 * 7/100= 49/10000= 0.0049
7 percent of (8.15 percent) = 0.005705
7 of out 20 in percent is (7/20)*100 = 35 percent.