Answer:
6/12 simplified: 1/2
Step-by-step explanation:
You just multiply the numerator by the numerator and the denominator by the denominator... 2x3 and 3x4
Hope you understand... if you have any questions just message in the box : D
He earned $20 because 20% of $100 is $20
Answer:
Annual withdraw= $57,583.68
Step-by-step explanation:
Giving the following information:
Present Value (PV)= $555,000
Interest rate (i)= 0.0825
Number of periods (n)= 20
<u>To calculate the annual withdrawals, we need to use the following formula:</u>
Annual withdraw= (PV*i) / [1 - (1+i)^(-n)]
Annual withdraw= (555,000*0.0825) / [1 - (1.0825^-20)]
Annual withdraw= $57,583.68
First find out what 40% of 200 is
200 times .4 is 80
then find out what 1/3 of 150 is
divide 150 by three, which is 50
if it was 2/3 instead of 1/3, you would multiply 50 by 2
40% of 200 is greater
Answer:
umm... there is no problem