SOLUTION: Hi, I'm trying to figure this out. I know that fee 1 is $3,000 and is 18% of fee 2. How do I figure out how much fee 2 is?
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Question 201819
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Hi,
I'm trying to figure this out. I know that fee 1 is $3,000 and is 18% of fee 2. How do I figure out how much fee 2 is?
Answer by
Earlsdon(6294)
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Let fee 2 = x, so 18% of x = $3,000 or:
Divide both sides by 0.18
Fee 2 = $16,666.67