Question

You have averaged $62,500.00 for the last five years of work. Your company has agreed to pay you a yearly pension of 75 %. What is your yearly pension?

Answer 1

`\bf \begin{array} \cline{1-1} \textit{a\% of b}\\ \cline{1-1} \\ \left( \cfrac{a}{100} \right)\cdot b \\\\ \cline{1-1} \end{array}~\hspace{5em}\stackrel{\textit{75\% of 62500}}{\left( \cfrac{75}{100} \right)62500}\implies 46875`