Simple Math Question

Vanity ^ | 6 July, 2015 | Self

[Veggie Todd]

I did read your post. You told him he shouldn’t have a credit card and then go on to lecture him about paying interest.

[cpdiii]

I've had a certain credit card for 18 months, it pays 01.5% cash back on all purchases. I just looked on line at my statement and I have accumulated $852.13 so far. My question is, how much total have I charged to accumulate that amount of "cash back"? I know that 01.5% of "X" = 852.13, I've simply forgotten how to do this probably 5th. or 6th. grade math. Thanks.

If you have paid your credit card off every month and have not incurred interest payments you have done well. If this is a company credit card you have done even better.

If you are neither of the above might I suggest you contact a lawyer that knows a lot about chapter eleven bankruptcy.

Are you a democrat?

[Eagles6]

Crap! All my preps for absconding to Chile are for nought...

[cynwoody]

Start with

totalAmount*0.015 = 852.13

Divide both sides by 0.015:

totalAmount = 852.13/0.015

which is 56808.67.

[ZagFan]

Here’s some advice for solving problems with big numbers. Solve them the same way you would with little numbers.

For example: 01.5% of X = $852.13 is a problem with big numbers. Think of a similar problem with little numbers. How about 2 of __ = 6 or 2 x __ = 6. You’re probably screaming “the answer is 3.” Because 6 (the product) divided by 2 (the known factor) is 3.

So, solve your problem with big numbers the same way. $852.13 divided by 01.5% or .015 equals your answer.

[Organic Panic]

I used the government approved calculator. The answer is, “you have $852.13 that is rightfully property of the US government”

[stylin19a]

All you who came up with the answer...wrong.
Common Core requires 157 steps.

[kitchen]

I simply forgot how to do the math.

Has the VA been by to collect your guns?

[MarkL]

As long as you do the same thing to both sides of the ‘=’ sign, everything balances out.

So if you have 0.015 (1.5%) * X = Some_Number (sorry I didn’t write it down), and you then divide both sides by 0.015, that will give you 1*X on the left side, or just X, while the right side works out to (Some_Number)/0.015.

Mark

[Fungi]

You have yet to see me lecture on a subject. You will know it when I do.