Not exactly. The closest you can get is $3,333.33 to each person,
and then you have 2¢ left over.
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6 ÷ 100 × 20000 = 1200
It is: 702/6 = 117
Year Amount Disc Rate Present Value 1 20000 1.0700 18692 2 20000 1.1449 17469 3 20000 1.2250 16326 4 20000 1.3108 15258 5 20000 1.4026 14260 6 20000 1.5007 13327 7 20000 1.6058 12455 8 20000 1.7182 11640 9 20000 1.8385 10879 10 20000 1.9672 10167 Total PV 140472
To split $75.00 six ways, divide the total amount by the number of people. In this case, each person would receive $12.50.
If you divide 225 by 100 you can find 1%, which is 2.25 then simply multiply by 6 to find 6%, which is 13.50. So the answer is that 6% of $225.00 is $13.50