Answer:
12 cents
Step-by-step explanation:
opportunity cost of the next best option forgone when one alternative is chosen over other alternatives
by loaning matt the money he forgoes the opportunity to earn 12 cents in interest. this is his opportunity cost
Divide the top number and the bottom number by a number they both have in common
Answer:
1/20
Step-by-step explanation:
Step 1: Write the given number as the numerator and place 1 in the denominator right below the decimal point followed by the number of zeros required accordingly.
In this case, 0.05 has two numbers after the decimal, so, we place 100 in the denominator and remove the decimal point. This will make it 5/100
Step 2: Then, this fraction can be simplified. 5/100 = 1/20
Thus, 0.05 as a fraction is written as 1/20
Answer:
x+3
Step-by-step explanation:
8%
4 ÷ 50 is 0.08 x 100 is 8%