Answer:
Step-by-step explanation:
Think of a rational number as a fraction. The definition of a rational number is that it is the ratio of integers that, when divided, is either an integer, a decimal that terminates, or a decimal that repeats. 6/3 = 2 (6/3 is a rational number that divides to 2); 1/2 = .5 (1/2 is a rational number that divides to .5 which is a terminating decimal, meaning it ends); 1/3 = .33333333 (1/3 is a rational number that divides to .3333333 which is a repeating decimal). If we want to express 3.24 as a rational number, let's first put it into fraction form. The 4 in .24 is in the hundredths place, so as a fraction, .24 is 24/100. Check this on your calculator. Divide 24 by 100 and you get .24. So now what we have is 
Now express that mixed fraction as an improper and you're done. 3 times 100 is 300; 300 + 24 = 324. Put that back over 100 and your rational number is 324/100. Check that on your calculator, as well, just to see that it's true.
Answer:
y: 139 x: 139 too
Step-by-step explanation:
<span>The payment plan requires him to make a down payment of $125, and then pay $72.50 each month for 6 months. The total payment would be: $125 + 6*$72.50= $125 + $435= $560
</span><span>The percent increase from the original costs would be:
($560-$500) / $500 * 100%= 12%</span>
Answer:
They lose about 2.79% in purchasing power.
Step-by-step explanation:
Whenever you're dealing with purchasing power and inflation, you need to carefully define what the reference is for any changes you might be talking about. Here, we take <em>purchasing power at the beginning of the year</em> as the reference. Since we don't know when the 6% year occurred relative to the year in which the saving balance was $200,000, we choose to deal primarily with percentages, rather than dollar amounts.
Each day, the account value is multiplied by (1 + 0.03/365), so at the end of the year the value is multiplied by about
... (1 +0.03/365)^365 ≈ 1.03045326
Something that had a cost of 1 at the beginning of the year will have a cost of 1.06 at the end of the year. A savings account value of 1 at the beginning of the year would purchase one whole item. At the end of the year, the value of the savings account will purchase ...
... 1.03045326 / 1.06 ≈ 0.9721 . . . items
That is, the loss of purchasing power is about ...
... 1 - 0.9721 = 2.79%
_____
If the account value is $200,000 at the beginning of the year in question, then the purchasing power <em>normalized to what it was at the beginning of the year</em> is now $194,425.14, about $5,574.85 less.
