Well, honey, if you want to know what percent 40 is of 1200, just divide 40 by 1200 and multiply by 100. That gives you 3.33%. So, 40 is 3.33% of 1200. Math doesn't lie, darling.
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Yes, that is correct.
well to find out:0.4x30=12
2000 - 40% = 60% of 2000 = 2000*60/100 = 1200
40 out of 1,200 is the same as 40 divided by 1,200, which equals 0.0333To convert 0.0333 to a percent multiply by 100: 0.0333 × 100 = 3.33 %
What is the future value of $1,200 a year for 40 years at 8 percent interest? Assume annual compounding.