0.4% of $4,800 is $19.2, otherwise written as $19.20 in terms of money, apparently. This is based off the calculations of a calculator, though if you prefer to do the rough work, be my guest. The work for finding it on raw work is below.
(EX.) EQUATION : y = p% × x
EQUATION : y = 0.4% × 4800
To make this work, you gotta convert that percent into a decimal, by dividing the percentage by 100. 0.4 ÷ 100 = 0.004
EQUATION : y = 0.004 × 4800.
Once you multiply them, you get : 19.2 (otherwise known as $19.20)
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Below are the choices that can be found elsewhere:
16.8 months
7.2 months
12.0 months
<span>1.4 months
</span>the ratio of cash to monthly cash expenses is 16.8 months