Aly calls your bank and wants a more detailed explanation of how you are calculating interest on her savings account. She asks what the value of the digit 4 represents in her account balance of $293.145. How can you best explain this to her?
A. The digit 4 represents four hundreds because the 4 is in the hundreds place.
B. The digit 4 represents four tens because the 4 is in the tens place.
C. The digit 4 represents four-tenths of a dollar because the 4 is in the tenths place.
D. The digit 4 represents four-hundredths of a dollar because the 4 is in the hundredths place.
E. The digit 4 represents four-thousandths of a dollar because the 4 is in the thousandths place.
D. The digit 4 represents four-hundredths of a dollar because the 4 is in the hundredths place. This is because when calculating interest on a savings account, banks typically use the decimal point to represent the portion of a dollar being calculated. In this case, the 4 is in the hundredths place, meaning that it represents the value of 4 cents ($0.04) in Aly's account balance.
Taylor will need to make 10 payments to pay for his new trampoline. How much will each payment be if the trampoline costs $188.80?
To find out how much each payment will be, we need to divide the total cost of the trampoline by the number of payments:
$188.80 / 10 payments = $18.88 per payment
Therefore, each payment will be $18.88.
If a quarter is worth $0.25, how much are 100 quarters worth?
100 quarters would be worth:
100 quarters x $0.25/quarter = $25.00
Therefore, 100 quarters are worth $25.00.
Kellen will need to make 10 payments to pay for his new hang glider. How much will each payment be if the hang glider costs $954.10?
To find out how much each payment will be, we need to divide the total cost of the hang glider by the number of payments:
$954.10 / 10 payments = $95.41 per payment
Therefore, each payment will be $95.41.
Alex will need to make 10 payments to pay for his new hang glider. How much will each payment be if the hang glider costs $416.10?
To find out how much each payment will be, we need to divide the total cost of the hang glider by the number of payments:
$416.10 / 10 payments = $41.61 per payment
Therefore, each payment will be $41.61.