samyscraps01
New member
- Joined
- Feb 1, 2018
- Messages
- 2
I would like to better understand why I get two different answers. Can someone break this down for me?
116,627/divided by 3 people=38,875.66
However, I frequently see this in business finance, written as 116,627/1.3. I can only assume that this means 1/3=.30+1. What I don't know is why is it done this way versus above. I get two vastly different answers. Can someone explain step by step.
The total calc is something like this:
240,000-(116,627/1.3)=150,286.90
Please help!
116,627/divided by 3 people=38,875.66
However, I frequently see this in business finance, written as 116,627/1.3. I can only assume that this means 1/3=.30+1. What I don't know is why is it done this way versus above. I get two vastly different answers. Can someone explain step by step.
The total calc is something like this:
240,000-(116,627/1.3)=150,286.90
Please help!