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3 years ago

Explain where to place the decimal point in the product for the expression 0.5 × 0.03

Mathematics

2 answers:

djyliett [7]3 years ago

8 0

The Answer is 0.15, you count all the decimal points places and move that amount.

erica [24]3 years ago

3 0

The answer is
0.015
Because you have to times 5 and 3
And you will get 15
Then place the decimal

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3 years ago

The average American spent $8,508 on health care in 2011. The cost of health care is projected to rise about 5.8% per year for t

klio [65]

<h3>The projected amount the average American spent on health care in 2014 is $ 10075.91</h3>

Solution:

Given that,

The average American spent $8,508 on health care in 2011

The cost of health care is projected to rise about 5.8% per year for the years 2012-2022

The increasing function is given as:

$y = a(1+r)^t$

Where,

y is future value

a is initial value

r is growth rate in decimal

t is number of years

From given,

a = 8508

$r = 5.8 \% = \frac{5.8}{100} = 0.058$

t = 2011 to 2014 = 3 years

Substituting the values, we get,

$y = 8508(1 + 0.058)^3\\\\y = 8508(1.058)^3\\\\y = 8508 \times 1.1842\\\\y = 10075.914 \approx 10075.91$

Thus the projected amount the average American spent on health care in 2014 is $ 10075.91

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4 years ago