Question

Math Help:
Consumer Math

Answer 1

u tricked me .-. jk, sorry not good at math

Answer 2

Lol okay thanks for trying to help tho! @cupcakerain

Answer 3

What grade are you in?

Answer 4

Consumer Math can be given to anybody grades 9-12. I decided to take this class now in the 12th grade. @jojobuck

Answer 5

Ahhh

Answer 6

The question tells you exactly how to do the question. It specifically says to multiply the amount by the rate.

Answer 7

So after adding it up (Or multiplying) it would be 15.00 more right? B.

Answer 8

The instructions say to multiply the amount by the rate for both rates, so
\[2000 \times 5.5 \%\]
\[2000 \times 3.25 \%\]
Then it tells you to subtract the totals.

Answer 9

This is the same idea as calculating the amount of tax you have to pay on your purchases or for your meal at a restaurant. If you spend \($5\) on a pair of pants, and the tax rate is \(3 \% \), then the amount of tax you have to pay is \($5 \times 3 \% = $0.15 \)

Answer 10

*facepalm* I only did the first one! I gotta read lol And right that makes sense now! Thanks @DisplayError

Answer 11

But I got 90,000. What that means?

Answer 12

Yeah, I typed up a long explanation before I re-read the instructions and saw that it told you how to do the problem, lol. Hopefully that tax example makes sense. It's essentially the same idea with interest rates.

Answer 13

Remember, you never multiply by percents. You have to convert your percent to a decimal, so \(5.5 \% = 0.055\) and \(3.25 \% = 0.0325 \).

Answer 14

45.00 more! Thanks again @DisplayError ! :D