2007-03-21 10:21:03 · 7 answers · asked by dante 1 in Business & Finance ➔ Credit
It means you multiply 8000 x 0.07 and get 560
2007-03-21 10:24:09 · answer #1 · answered by Faye H 6 · 2⤊ 1⤋
.07 times 8000
2007-03-21 10:24:18 · answer #2 · answered by ARMY Babe 4 · 0⤊ 1⤋
7%of 8000 means 8000x .07 equals 560.
2007-03-21 10:31:03 · answer #3 · answered by Ron 7 · 0⤊ 1⤋
Man, I really hope you don't mean your intrest rate on a credit card. You're pretty much screwed if you do. Intrest on credit cards is compounding- so you'd owe 8560 the first month, 9159 the second month, 9800 the third month... Good luck.
To get the numbers, just take 8000 and multiply it times .07. Thats how much you need to add on.
2007-03-21 10:30:42 · answer #4 · answered by paintmeblue719 5 · 0⤊ 1⤋
560
7 percent means 7/100
7 percent of 8000 means:
7/100 times 8000
thats 56,000/100
and thats 560
2007-03-21 10:23:43 · answer #5 · answered by Anonymous · 0⤊ 1⤋
560
2007-03-21 10:23:53 · answer #6 · answered by bibliophile31 6 · 0⤊ 1⤋
560. why are you in the credit section?
2007-03-21 10:25:06 · answer #7 · answered by ? 5 · 0⤊ 1⤋