In March 2007, the unemployment rate was 4.4 percent. In August 2008 was 6.1 percent. We need to remember that the unemployment rate equals the number of unemployed people divided by the people in the labor force.

Now, if we consider that the labor force remained constant during this period of time (according to the problem) then this would mean that the number of unemployed people actually increased during this period of 17 months.

4 0

3 years ago

a bank offers an annual simple interest rate of 8% on Home Improvement loans, Tobias borrowed $17,000 over a period of 2 years.

shepuryov [24]

The answer would be $19,270.
Steps:
1. Take 17,000 and multiply by 8%.
2. Take the sum of that which is $1,360 and multiply by two (for the two years).
3.The sum of that would be $2,720 and add onto $17,000.
4. The sum of that would be $19,270!

7 0

4 years ago

A company makes steel rods shaped like cylinders. Each rod has a radius of 4 centimeters and a height of 20 centimeters. If the

Tamiku [17]

(One steel rod’s volume) = 3.14 x 4^2 x 20

= 1004.8cm^3

(Used steel) / (One steel rod’s volume) =

(Made steel rod’s number)

The answer is 28

5 0

2 years ago