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-   -   Accounting equation (https://www.askmehelpdesk.com/showthread.php?t=99472)

  • Jun 7, 2007, 06:15 PM
    Berry89
    Accounting equation
    $1000 X 9% X 9/12=

    My question is how do I multiply 9/12 ?
  • Jun 7, 2007, 07:38 PM
    RichardBondMan
    Take 9/12 apart -- divided the 9 by 3 and that equals 3.
    Then divide the 12 by 3 and that equals 4.
    You now have 3/4 where prior to this you had 9/12.
    3/4's is the same as 75 %.
    3/4 or 75 % of $90. Is $ 67.50.
  • Jun 8, 2007, 05:03 PM
    Berry89
    Thank you so so much RichardBondMan.
  • Jun 10, 2007, 09:21 AM
    CaptainForest
    Or a Simpler Way:
    Take the 1,000, multiply it by the 9% (which is 0.09), then multiply it by 9 and divide by 12
  • Jun 11, 2007, 08:14 PM
    Berry89
    Captainforest, thanks for showing me a simpler way.

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