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0.04 x 4 500 000 = 180 000
Simple interest, 500 + (5 x 5 x 4) = 600. Compound 500 x 1.04^5 = 632.66
25% because 15 x 4 = 60
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To find 4 percent of a number, multiply the number by 0.04. In this instance, 0.04 x 35000 = 1400. Therefore, 4 percent of 35000 equals 1400.