FutureStarr

Percent Notation Calculator

## Percent Notation Calculator

This is a tool for calculating percentages for a value range.

### Use

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This percentage calculator is a tool that lets you do a simple calculation: what percent of X is Y? The tool is pretty straightforward. All you need to do is fill in two fields, and the third one will be calculated for you automatically. This method will allow you to answer the question of how to find a percentage of two numbers. Furthermore, our percentage calculator also allows you to perform calculations in the opposite way, i.e., how to find a percentage of a number. Try entering various values into the different fields and see how quick and easy-to-use this handy tool is. Is only knowing how to get a percentage of a number is not enough for you? If you are looking for more extensive calculations, hit the advanced mode button under the calculator.

Other than being helpful with learning percentages and fractions, this tool is useful in many different situations. You can find percentages in almost every aspect of your life! Anyone who has ever been to the shopping mall has surely seen dozens of signs with a large percentage symbol saying "discount!". And this is only one of many other examples of percentages. They frequently appear, e.g., in finance where we used them to find an amount of income tax or sales tax, or in health to express what is your body fat. Keep reading if you would like to see how to find a percentage of something, what the percentage formula is, and the applications of percentages in other areas of life, like statistics or physics. (Source: www.omnicalculator.com)

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Percentages should not be added up (compounded) or averaged like simple numbers, as this will result in an incorrect end result. Compounding is often encountered in finance, e.g. when calculating compound interest or multi-year return of a financial portfolio. Averaging percentages is often encountered in business calculations, for example to determine the average growth of a company, but also in finance and banking where average growth of an asset or asset portfolio may be calculated.

Here is an example of adding percentages: say you have a \$100,000 bank deposit at a 2% interest rate, applied yearly at the end of the year. If you keep it for 5 years, you might think that the way to calculate your deposit's value at the end of the 5-year period is to simply multiply 2% x 5 = 10% (or, equivalently, 2% + 2% + 2% + 2% + 2% = 10%), add 100% and then use our percentage calculator to calculate 110% of \$100,000. By this calculation you would expect to have \$110,000 at the end of the period (10% of 100,000 is \$10,000). However, you will have \$110,408, since at the end of each year you will get your interest but then in each of the following years you will accrue interest over the interest from the first year. And so on for the second, third... (Source: www.gigacalculator.com)

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