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    Berry89's Avatar
    Berry89 Posts: 10, Reputation: 0
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    #1

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

    My question is how do I multiply 9/12 ?
    RichardBondMan's Avatar
    RichardBondMan Posts: 832, Reputation: 66
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    #2

    Jun 7, 2007, 07:38 PM
    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.
    Berry89's Avatar
    Berry89 Posts: 10, Reputation: 0
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    #3

    Jun 8, 2007, 05:03 PM
    Thank you so so much RichardBondMan.
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #4

    Jun 10, 2007, 09:21 AM
    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
    Berry89's Avatar
    Berry89 Posts: 10, Reputation: 0
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    #5

    Jun 11, 2007, 08:14 PM
    Captainforest, thanks for showing me a simpler way.
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