QUESTION 6 of 10: You expect your expenses to grow non-linearly over time by the following formula: expenses = 4,000 + 20,000 x
2 answers:
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1) Write 3% as 3/100
2) Since, finding the fraction of a number is same as multiplying the fraction with the number, we have:
of 2500 =
× 2500
Therefore, the answer is 75
If you are using a calculator, simply enter 3÷100×2500 which will give you 75 as the answer.
Commission = $75