What does this niggardly 7% of 8000?

560

560

7 percent means 7/100

7 percent of 8000 technique:

7/100 times 8000

thats 56,000/100

and thats 560

560. why are you in the credit booth?

.07 times 8000

Answers: It means you multiply 8000 x 0.07 and obtain 560

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 find the numbers, just pinch 8000 and multiply it times .07. Thats how much you need to incorporate on.

7%of 8000 means 8000x .07 equals 560.