If functions transfer some a to b via some formula, then inverse of such functions transfer b to a via some other formula.
Hope this helps.
The net cost of call premium can be calculated considering the total amount after taxes deductions times the percentage of the call premium.
Writing the percentage as a decimal number, we get:
10000000 × (1 - 0.35) × 0.09 = 585000
The <span>net cost of the call premium after taxes is 585000$.</span>
To evaluate two fractions being divided, you must turn the right fraction into a reciprocal. That means you must put the bottom number at the top and then put the top number on the bottom (you’re basically switching them).
8/13 / 3/2
Now, once you turned the other number into a reciprocal, you multiply across. The top number times the other top number and do this to the bottom numbers, too.
8/13 * 3/2 = 24/26
You found the answer, 24/26. But as you can see, it’s not one of the choices. That’s because you need to simplify.
24/26 / 2/2 = 12/13
12/13 is your answer, or choice C!
I hope this helped. Comment below if you have any questions.
