SOLUTION: Walter receives a dividend payment every 5 months and a royalty every 6 months. He receives both in January 2006. When is the next time he would receive both payments in the same m
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Question 789257: Walter receives a dividend payment every 5 months and a royalty every 6 months. He receives both in January 2006. When is the next time he would receive both payments in the same month? Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! Walter receives a dividend payment every 5 months and a royalty every 6 months. He receives both in January 2006. When is the next time he would receive both payments in the same month?
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Least common multiple:: 5*6 = 30
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Jan. 2006 = 30 months = Jan, 2006 +2years + 6 months = July 2008
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Cheers,
Stan H.
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