in 2005,Eastside elementary school was built at a cost of $18,000,000.the school it replaced was built in 1935 at the cost of $180,000.explain how the values of the 8 in each number are related
The values of the 8 in each number represent the place value of the digit within its respective number. In both numbers, the 8 is in the millions place value position.
To understand place value, you can look at the number's position from right to left, with the rightmost digit being in the ones place. Every position to the left of the ones place increases in value tenfold. So, moving one position to the left increases the value by a factor of 10.
In the case of the cost of the Eastside elementary school, $18,000,000, the 8 is in the millions place value position. It means that the digit 8 is multiplied by 10 million. Therefore, the value of the 8 in this number is 8 multiplied by 10 million, which is 80 million.
Similarly, in the cost of the school it replaced, $180,000, the 8 is also in the millions place value position. In this number, the digit 8 is multiplied by 10 thousand since it is one position to the left of the millions place. Therefore, the value of the 8 in this number is 8 multiplied by 10 thousand, which is 80 thousand.
So, while the actual digits are the same (8), their values differ based on their respective positions within each number. The value of the 8 in $18,000,000 is 80 million, and the value of the 8 in $180,000 is 80 thousand.