what is 35 basis points on 90000000
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2.5%
0,05 of a percentage point, i.e the difference of 0,05%. Basis points (bps) refer to the change of percentages. 1 bp = 0,01% change 1% change = 100 bps (The increase of Interest rate from 3,5% to 3.75% can be described as the increase by 25 basis points.)
Eighty basis points (80 bps) is equivalent to 0.80 percent. This is because one basis point is equal to 0.01 percent, so to convert basis points to a percentage, you divide the number of basis points by 100. Therefore, 80 basis points = 80 / 100 = 0.80%.
EEx. 35 basis points would be .0035.
0.4% . 100 basis points are equal to 1%