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Seven percent of one million dollars is calculated by multiplying 1,000,000 by 0.07. This equals 70,000 dollars. Therefore, 7 percent of 1 million dollars is 70,000 dollars.
1000000 x 0.07 = 7 x 10000 = 70,000
$1,750,000,000 or $1.75 billion.
The amount of interest that will be paid over 4 years on 1 million dollars is $145,419.75. This figure is configured with an interest rate of 7 percent. The amount can change based on amortization of the loan.
70 lakh dollars is 7 million dollars.