A corporation that had $10 billion in profits for the year paid out $500 million in employee ...

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A corporation that had $ billion in profits for the year paid out $ million in employee benefits. Approximately what percent of the profits were the employee benefits? ( note : billion = ^ )

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Calculated Answer

5

Step by Step Solution

In order to solve problem, you must evaluate (n₁ * n₃^3 + 3) / (n₀ * n₃^n₄) * 100.

• (n₁ * n₃^3 + 3) / (n₀ * n₃^n₄) * 100

• Evaluate 3 + 3 = 6

  (n₁ * n₃^6) / (n₀ * n₃^n₄) * 100

• Evaluate n₃^6 = 1000000

  (n₁ * 1000000) / (n₀ * n₃^n₄) * 100

• Evaluate n₁ * 1000000 = 500000000

  500000000 / (n₀ * n₃^n₄) * 100

• Evaluate n₃^n₄ = 1000000000

  500000000 / (n₀ * 1000000000) * 100

• Evaluate n₀ * 1000000000 = 10000000000

  500000000 / 10000000000 * 100

• Evaluate 500000000 / 10000000000 = 0.05

  0.05 * 100

• Evaluate 0.05 * 100 = 5

  5
• The answer to the problem and the result of (n₁ * n₃^3 + 3) / (n₀ * n₃^n₄) * 100 is 5