To know if the classmate’s family is actually wealthy, one will need to know their assets and their debt.
<h3>What is an asset?</h3>
In financial accounting, an asset means a resource that is owned or controlled by a business or an economic entity. An asset is anything that can be used to produce positive economic value.
Assets represent the value of ownership that can be converted into cash and the examples of personal financial assets include cash and bank accounts, real estate, personal property like furniture and vehicles, and investments such as stocks, mutual funds, and retirement plans.
In this case, through the assets, one will be able to know that they're wealthy. The debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. This is the money that they owe.
The asset should more than the debt.
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Original price of video game minus the sale price (-.75d) = the percent of original price Adam will pay (.25d)
To find LCM
factor and eliminate ones already represented
1=1
2=2
3=3
4=2*2
5=5
1*2*2*3*5=60
Mean: Add up the numbers and divide the sum by the number of values in the set.
6 + 9 + 2 + 4 + 3 + 6 + 5 = 35
35 / 7 = 5
Median: Sort the set from the smallest value to the largest value and select the number in the middle. If the count of the set if even, then select the two middle values and take their mean average.
2, 3, 4, 5, 6, 6, 9
^
So, the median average is 5.
Mode: What number appears the most frequently?
The mode of the set is 6 because it appears twice.
Range: Sort the set by ascending order and take the smallest value and subtract that from the largest value in the set.
9 - 2 = 7
The range is 7.
