(adsbygoogle = window.adsbygoogle || []).push({}); I have a Verizon Westell 7500 wireless modem
I pay for 5 mb/s but when i download something I get 500 kb/s

That's normal. You are paying for 5 MegaBITS per second, it's a marketing technique. When you download something it shows you in Kilo/Mega BYTES. Do a speedtest on speedtest.net and you'll see the 5 megaBITS per second. Remember one Megabit = 0.125 Megabytes.

You sure? When I go to local host it says my download speed is 4964 Kbps

Distance
Line quality
Time of the day
And bottleneck due to the traffic route.

That is 5 megabits/sec. Run a speedtest you will see the same thing.

kbps stands for Kilobytes per second.

1024kb = 1mb of data. What you are stating is 4mb per second.

Now, what you pay for is UP to 5; that doesn't mean you will get it. It all depends on your signal, the towers, interference, etc.

If you are downloading content such as apps, they tend to cap the limit so you may get 4mb but in actuality when downloading the apps or other programs and videos; they may only allot you .5mb meaning, your company is giving you what you deserve but what you are downloading isn't permitting that fast of speeds.

It's much like a uTorrent; you can modify the maximum upload/download. I can set my download to only download 300kb a second and then take it down to 30kb a second. I can go all the way up to 300 but now I'm limited to only 30kb.