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How much interest would be paid on 11000.00 at 6 percent per month?
11000*6/100 = 6606% per month is an outlandish interest rate - equivalent to more than 100 percent annually.11000*6/100 = 6606% per month is an outlandish interest rate - equivalent to more than 100 percent annually.11000*6/100 = 6606% per month is an outlandish interest rate - equivalent to more than 100 percent annually.11000*6/100 = 6606% per month is an outlandish interest rate - equivalent to more than 100 percent annually.
What is 62 percent of 100?
100% of 62 = 100% * 62 = 1 * 62 = 62
What is 90 percent as a fraction?
To express 90 percent as a fraction, you would write it as 90/100. This is because percent means "per 100" or "out of 100." To simplify this fraction, you can divide both the numerator and the denominator by 10, which would give you 9/10. So, 90 percent as a fraction is 9/10.
What is the present value of 100 to be received at the end of two years if the discount rate is 12 percent?
If it's 12% per year, compounded annually, then it is: 100 * (1 + 0.12)-2 = 79.72
What is 60 percent of 1000?
percent means per 100. in this case, that means 60 per 100. Here we divide 1000 by 100, then multiply by 60. 1000/100 is 10, x60 is 600
