5 Questions
If you contribute $40 to a party budget and there are eight contributors in total, how much is the total budget for the party?
$320
What is a common application of multiplying money by decimals according to the text?
Calculating sales tax
To calculate sales tax, what do you need to multiply by the tax rate as a decimal?
Total price of the item
If you put $100 in a savings account with a 1% interest rate, how much money would you make that year?
$1
What happens if you put $100 in a mutual fund with a 15% interest rate?
You make $15 extra
Explore why math skills are crucial in managing money effectively. Learn about the significance of addition and subtraction in budgeting and financial planning.
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