Page 41 - LEARNER GUIDE FNSACC313
P. 41

Perform Financial Calculations


                   CONVERTING SIMPLE FRACTIONS

                     1/2         =       .5     Return

                     1/4         =       .25    Return

                     2/4         =       .50    Return

                   3/4           =       .75    Return

                     6/9         =       .67    Return

                     8/9         =       .89    Return

                     6/10        =       .6     Return

                     4/11        =       .36    Return


                   PERCENTAGES

                     50%  of      $80           =      $40           Return

                     25%  of     $105           =      $26.25        Return

                     75%  of     $150.50        =      $112.88       Return

                     33 1/3% of         $90.00             =        $30.00  Return

                     80%  of     $221.92        =      $177.54       Return

                     20%  of     $120.00        =      $24.00        Return

                     15%  of     $64.64         =      $9.70         Return

                     2 1/2% of   $1005.05       =      $25.13        Return

                     5%   of     $67.43         =      $3.37         Return

                     10%   of    $5963.49       =      $596.35       Return

                   EXAMPLES USING A CALCULATOR

                   ADDITION

                   5231.34 +             2967.28 +            6721.40 +
                   1076.22 +              521.63 +            2401.90 +
                   4320.91 +             2097.00 +            3647.33 +
                     1256.33              887.24               206.66
                      11884.80  ​Return  6473.15   ​Return    12977.29       Return
                   =======               ======               =======








                   Anne Bowden                                                      ©2020
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