Making Letter Sized Proportion Rectangle from Square

Method I

1/2
C C
(3) Cut along horizontal line through point C

1/4
(1) Fold A to B
(2) Mark point C at intersection

Method II
47x60 rectangle

1.3% difference from letter size proportion (8.5x11)

(4) Completed paper (1) A C B A C A C (2) Bisect angle again

(3) Bisect AB to get C A C G

(4) Bisect DE to get F A C G

D E F (5) Make crease passing C and E

0.1% difference from letter size proportion

E F E (7) Cut along vertical line through point G (8) Completed

(6) Crease passing AF; G is the intersection of AF & CE