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FutureStarrAdd Percentage Calculator: ORR
Add percentages using this handy calculator.
The percentage increase calculator above computes an increase or decrease of a specific percentage of the input number. It basically involves converting a percent into its decimal equivalent, and either subtracting (decrease) or adding (increase) the decimal equivalent from and to 1, respectively. Multiplying the original number by this value will result in either an increase or decrease of the number by the given percent. Refer to the example below for clarification.Adding Percentage Calculator: Do you feel that adding two percentages is a little bit confusing and time consuming process? Not now with this online tool. This calculator takes the input numbers and perform arithmetic addition operation on those numbers and gives you the result in a short span of time. Not only instant output, it will also give the exact and correct output. People who want to learn the concept can read further to obtain the simple steps to solve the adding percentages and solved examples.
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)