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The lessor of the two is multiplied by 3.8% to determine the 3.8% Medicare Surtax for that taxable year.
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The resulting fraction, one-third, is then multiplied by the maximum interest exclusion arrived at above.
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One theory of decision making says you ought to maximize your expected returns, where an expected return is the outcome multiplied by the probability of winning it.
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"This is serious money when multiplied by the number of people affected in these situations, " Mr Bailey calculated.
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Market capitalization is the share price multiplied by the number of outstanding shares.
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By looking at past storms, the researchers created a formula that says damage is proportional to wind speed multiplied by itself and then taking that number and multiplying it by itself, after adjusting for inflation and factors such as population.
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His 3, 800 Dow, multiplied by two, is close to the recent Dow bottoms.
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It will also be seen as progress that the 250bn euros left in the kitty of the bailout fund, the European Financial Stability Facility, is to be multiplied four or five times by the use of financial engineering - which President Sarkozy hopes will see the China involved in rescuing highly indebted countries like Italy.
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In the example, the spread is 0.15% (that is the bid subtracted from the ask, divided by the share price and multiplied by 100).
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Difficulties that everyday citizens (and voters) have with evaluating the merits of the most well-known financial services firms are multiplied when the challenge is to form a judgement on the long-term value provided by unknown, entrepreneurial firms who engage in financial transactions that are far removed from their own everyday lives.
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For instance, GDP growth is a result of (in addition to population growth) the income reinvestment rate in the economy multiplied by the rate of return on that reinvestment (or the aggregate ROIC in the economy).
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