That is not correct, it depends on the numbers you are referring to. For instance, 75% of 100 is 75, but 50% of 1000 is 500, so in this case the 50% of a number is higher than 75% of another number. Although, is true that 75% is higher than 50% of the same number always.
The percent of owns home is 65.51% and percent of rents home is 34.48% if the total number of US households is 116.
<h3>What is percentage?</h3>
It's the ratio of two integers stated as a fraction of a hundred parts. It is a metric for comparing two sets of data, and it is expressed as a percentage using the percent symbol.
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From the table:
Total number of US households = 71+13+5+27 = 116
Owns home = 71+5 = 76
Percent of owns home = (76/116)×100 = 65.51%
Rents home = 13+27 = 40
Percent of rents home = (40/116)×100 = 34.48%
Thus, the percent of owns home is 65.51% and percent of rents home is 34.48% if the total number of US households is 116.
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Assuming a simple interest model for this information, the interest due at maturity will be:
I=(PRT)/100
where:
P=principle
R=rate
T=time
thus
I=1500×120/364×10/100
I=$49.45
Answer: $49.45
Answer:
x=
2
−5−
57
=−6.275
x=
2
−5+
57
=1.275
Step-by-step explanation: