Question

What is 50% of $8,879.50 Multiplied by a coverture fraction where the numerator will be 11 years and 8 months and the denominator will be 33...

Answer 1

50% of 8879.50 can be represented below

`\begin{gathered} 50\text{ \% of 8879.50} \\ (50)/(100)*8879.50=(443975)/(100)=4439.75 \end{gathered}`

Multiplied by the coverture fraction where numerator will be 11 years and 8 months. And the denominator will be 33

`4439.75*(11.8)/(33)=(52389.05)/(33)=1587.5469697\approx1587.55`