Answer to Question #162765 in Financial Math for alyssa hernandez

Question #162765

Solve for the base. Round to hundredths when necessary.

What is the base if the rate is 16.9% and the portion is 454?

Expert's answer

$rate=portion/base \times 100\%$

$16.9\%=454/base \times 100\%$

$16.9/100=454/base$

$base =(454\times 100)/16.9=2,686.39$

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