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?
27.00
Solve for x.
0.06 * 450 = ?
To find the amount of the check, you need to calculate 6 percent of the amount invested.
Step 1: Convert the percentage to decimal form
Percentages can be converted to decimal form by dividing them by 100. Therefore, 6 percent is 6/100, which can be simplified to 0.06.
Step 2: Multiply the amount invested by the decimal form of the percentage
Multiply the amount invested ($450) by 0.06:
$450 * 0.06 = $27
Therefore, the amount of the check is $27.