Question

*Find 6 5/8% of $1,480.90. Round to the nearest cent.

Answer 1

9514 1404 393

Answer:

$98.11

Explanation:

If your calculator doesn't work with mixed numbers, you must first convert 6 5/8% to a decimal fraction.

6 5/8 = (6·8+5)/8 = 53/8 = 6.625

6 5/8% = 0.01×6.625 = 0.06625

Then the desired amount is ...

0.06625 × $1480.90 = $98.109625 ≈ $98.11

6 5/8% of $1,480.90 is $98.11.