Question

Last year, the Goodyear family buddgeted 21/2% of their diposable income of $27,000 to be spent on home repair. How much did they budget?

Answer 1

Is that 2½% (21/2)% or something else?

Answer 2

It is the first thing you wrote. :]

Answer 3

2½% expressed as a decimal is what?

Answer 4

it is 2.05

Answer 5

:)

Answer 6

You there still? :)

Answer 7

No good. 2½% = 0.025 -- That's 2.5 parts per hundred.

Answer 8

I know that the answer is $687.50 but how did they get that..?

Answer 9

We must first establish the decimal equivalent of 2½%. Do you yet believe?

Answer 10

Oddly, $687.50 is incorrect. This will be a bit trickier with the wrong answer to shoot at.