8 and 5 multiply to 40 but subtract to 3.
Answer:
Since on July 9, Mifflin Company receives a $ 10,200, 90-day, 6% note from customer Payton Summers as payment on account, to determine what entry should be made on July 9 to record receipt of the note the following calculation must be performed :
90 days = 3 months
6/12 x 3 = 1.5%
10,200 x 1,015 = 10,353
Therefore, a debt cancellation for $ 10,200 must be made in the company's accounting records, plus an interest generation for $ 153, which will be justified by the cash income of $ 10,353.
Answer:
90%
Step-by-step explanation:
convert the fraction know as a ratio to get 90%
Hey there! I'm happy to help!
Let's call our fraction x.
x=3.777......
We want to get rid of the repeating stuff. If we multiply our fraction by 10, we get 10x=37.7777.
We see that if we subtract x from 10x, the repeating numbers will be cancelled out. Let's do this.
10x=37.7777
-
x=3.77777
=
9x=34
We divide both sides by 9.
x=34/9=3 7/9.
Have a wonderful day! :D
