No. Multiplying by 5 is equivalent to a 400% increase.Multiplying by 6 is equivalent to a 500% increase.
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25.
$500.If you increase something by 400% then you are making it 5 times larger.So if $100 is increased by 400% this equals $100 times 5 = $500.In terms of the easiest steps possible to understand the principle here, you could also work this out by:*finding out what 100% of the value is.*multiplying this by 4 (as we have 400%)*adding this to the original amount (as we are increasing by 400%)100% of $100 = $100$100 * 4 = $400$400 + $100 = $500
$500 at 2 percent for 1 year
20
Break it down this way: 150% of 500 = (100% of 500)+(50% of 500) = 500 + 250 = 750