Write the Sentence as a Proportion Using X as the Variable

question 12

Essay

Write the sentence as a proportion using x as the variable, and solve to answer the question.
What is 8% of 1,625?
Enter x and integers. $\frac { ? } { ? } = \frac { ? } { 100 }$
Solve the proportion to answer the question.
x = $__________

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Definitions:

Expected Return

Return on a risky asset expected in the future.

After-tax Cost

The actual cost of an expense after the deduction of any taxes.

Tax Rates

The percentage at which an individual or corporation is taxed by the government, which can vary depending on income level or profit.

Marginal Tax Rate

The rate of tax applied to the last dollar of the taxpayer's income, illustrating the fraction of any additional dollar made that must be paid in taxes.