The answer would be 48 because the first answer is 60 minus the second answer which is 12 to get 48
Answer:
In order to out a fraction in lowest terms, you must divide by the Greatest Common Factor, or GCM, of the numerator and denominator in the fraction. Let's say we have the fraction 25/100. We know that the greastest common factor of 25 and 100 is 25, as 25 ÷ 25 = 1 and 100 ÷ 25 = 4 so 25/100 in lowest terms is 1/4:
25 25 1
___ ÷ ___ = ___
100 25 4
If the GCM of a fraction equals 1, the fraction is simplified. Because the only common factor of 1 and 4 is 1, we know this fraction is simplified.
1 1 1
__ ÷ ___ = ___
4 1 4
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Hmm... Let's see..
Alrighty: $400= 100% (the whole amount of money). 1% of that money= 400/100. If $400 invests once in one year, that is... 424 dollars.
Anyone out there who is looking for monthly payment, you invest 400 dollars with interest, the answer is 4934.22
Hope that helps ya!