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If I have a debt of 16,000,000,000,000. And I pay 1% per year how much do I pay per day?

Guest Feb 22, 2017
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1% of 16,000,000,000,000 = (0.01)(16,000,000,000,000) = 160,000,000,000

 

160,000,000,000 = how much you pay per year

 

160,000,000,000/365 ≈ 438,356,164

 

438,356,164 ≈ how much you pay per day

hectictar  Feb 22, 2017

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