Withdrawal 3000 ,withdraw fee is 16 percent, how much should I receive

Mathematics

ScanSolve AI Answer

Step-by-step solution

2 steps
  1. Calculate the withdrawal fee.

    The withdrawal fee is 16% of the withdrawal amount.
    Withdrawal fee = 16% of 3000
    Withdrawal fee = (16/100) × 3000
    Withdrawal fee = 0.16 × 3000
    Withdrawal fee = 480

  2. Calculate the amount you should receive after the fee.

    Amount received = Withdrawal amount - Withdrawal fee
    Amount received = 3000 - 480
    Amount received = 2520

    You should receive 2520.

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