An investor received a check in the mail that was for 6 percent of the amount invested. if the amount invested was $450, what was the amount of the check ?
0.06 * 450 = ?
27
Right >> $27.
To find the amount of the check, we need to calculate 6 percent of the amount invested.
To do this, we can use the formula:
Amount of the check = (Percentage / 100) * Amount invested
Given that the percentage is 6 percent and the amount invested is $450, we can substitute these values into the formula to find the answer.
Amount of the check = (6 / 100) * 450
To simplify the calculation, we can divide 6 by 100:
Amount of the check = 0.06 * 450
Now, multiply 0.06 by 450:
Amount of the check = 27
Therefore, the amount of the check is $27.