(400000) x (1.07)(raised to 15) = (400000) x (2.759) = 1103600
60% of 400000 = 60% * 400000 = 0.6 * 400000 = 240,000
1% of 400000=4000
Expressed as a percentage, 50000/400000 x 100 = 12.5 percent.
1.5% of $400,000.00 = 1.5% * 400000 = 0.015 * 400000 = $6,000.00
8000
40000
280,000
24,000
400000
400000
5% of 400,000 = 5% * 400000 = 0.05 * 400000 = 20,000