Multiply both sides with 100 100⋅x100=100⋅220 x=20020 x=10 If the unknown number is in the denominator we can use another method that involves the cross product. The cross product is the product of the numerator of one of the ratios and the denominator of the sec...
To cross multiply, take the first fraction's numerator and multiply it by the second fraction's denominator. Then take the second fraction's numerator and multiply it by the first fraction's denominator.3 * x = 2 * 253x = 50Divide both sides of the equation by 3 to solve for x.3x/...
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The mutual fund manager oversees the portfolio, deciding how to divide money across sectors, industries, companies, etc., based on the strategy of the fund. About half of the mutual funds held by American households are in index equity funds, which have portfolios that comprise and weigh the...
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The mutual fund manager oversees the portfolio, deciding how to divide money across sectors, industries, companies, etc., based on the strategy of the fund. About half of the mutual funds held by American households are in index equity funds, which have portfolios that comprise and weigh the...
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Then take that total and divide by 12: This is how much you should put away each month in a separatesavings accountso that when those bills roll around, you know you’ve got the cash to pay for them. Budgeting step 4:Add up contributions to financial goals ...
For instance, if you like to research your own companies and devote time to stock picking, you will probably further divide the equities portion of your portfolio into subclasses of stocks. By doing so, you can achieve a specialized risk-return potential within one portion of your portfolio. ...