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Questions and Answers
If you contribute $40 to a party budget and there are eight contributors in total, how much is the total budget for the party?
If you contribute $40 to a party budget and there are eight contributors in total, how much is the total budget for the party?
- $360
- $280
- $320 (correct)
- $400
What is a common application of multiplying money by decimals according to the text?
What is a common application of multiplying money by decimals according to the text?
- Determining individual contributions
- Contributing to a mutual fund
- Calculating party budgets
- Calculating sales tax (correct)
To calculate sales tax, what do you need to multiply by the tax rate as a decimal?
To calculate sales tax, what do you need to multiply by the tax rate as a decimal?
- Individual contribution
- Total budget
- Total price of the item (correct)
- Interest rate
If you put $100 in a savings account with a 1% interest rate, how much money would you make that year?
If you put $100 in a savings account with a 1% interest rate, how much money would you make that year?
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What happens if you put $100 in a mutual fund with a 15% interest rate?
What happens if you put $100 in a mutual fund with a 15% interest rate?
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