Bare with me a minute, I am still trying to figure it out. Here is what I have so far.
The monthly interest rate is 6%/12 = 0.5%. The interest earned each month is
0.005*$500,000 = $2500
You can withdraw $2500 each month without disturbing the principal amount.
Answer:
whats the rest of the question or what's the available answers
Lets find out...
our fraction is 1/2.....
when the numerator is increased by 20%......1 + 0.20(1) = 1.2
when the denominator is increased by 50%....2 + 0.50(2) = 3
1/2 = 0.5....original fraction
1.2 / 3 = 0.4.....increased fraction
decrease = (original number - new number) / original number...* 100
= (0.5 - 0.4) / 0.5...* 100
= (0.1 / 0.5)....* 100
= 0.2 * 100
= 20% decrease <====