Okay so the problem starts you off with the fraction (1/4). Sharing equally among 3 people would mean that you'd want to divide it by three so your equation would initially look like (1/4) / 3. Having two dividing signs is confusing so what you do is change the dividing into multiplying by the reciprocal of 3 = 1/3... This would make your expression (1/4) * (1/3) and when you simplify this you should get 1/12 as the answer.
Answer:
$18.75
Step-by-step explanation:
75 divided among the 4 sisters equally
The number of guitar lessons that can be completed in 7 months is 2(7) = 14.
Amanda purchased a 30 year $10,000 bond at par value with a 4% coupon.
We find the coupon amount each year
Coupon amount = actual amount of bond * 4%
= 10,000 * 0.04 = 400
Coupon amount for every year = 400
Total value of coupons for 30 years = 400 * 30 = 12000
$12,000 is the total value of the coupons
