Hint: 6% x $1,000,000 / $1,000,000 – {20% x ($1,000,000 – (6% x $1,000,000))] = ?
To solve this expression, let's break it down step by step:
Step 1: Simplify within parentheses
- Start with the expression inside the bracket: 6% x $1,000,000.
- Multiply 6% (or 0.06) by $1,000,000 to get $60,000.
Step 2: Continue simplifying within parentheses
- The expression inside the bracket is $1,000,000 - $60,000.
- Deduct $60,000 from $1,000,000 to get $940,000.
Step 3: Calculate the expression within the brackets
- Now, we have 20% x $940,000 within the brackets.
- Multiply 20% (or 0.20) by $940,000 to get $188,000.
Step 4: Simplify further
- Replace the expression inside the brackets with its calculated value: $188,000.
Step 5: Calculate the remaining expression
- The expression becomes 6% x $1,000,000 / $1,000,000 - $188,000.
Step 6: Calculate the multiplication and division
- Start by multiplying 6% (or 0.06) by $1,000,000.
- Multiply 0.06 by $1,000,000 to get $60,000.
- Next, divide $60,000 by $1,000,000.
- Divide $60,000 by $1,000,000 to get 0.06.
Step 7: Perform the subtraction
- Now, we subtract $188,000 from 0.06.
Step 8: Calculate the final answer
- The final calculation becomes 0.06 - $188,000.
- Subtract $188,000 from 0.06 to get -$187,999.94.
So, the answer to the expression 6% x $1,000,000 / $1,000,000 – {20% x ($1,000,000 – (6% x $1,000,000))] is approximately -$187,999.94.