document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=494824>Question 494824</A>: <I><SPAN STYLE=\"word-break: break-all;\"> 1. During one year, the Larson’s real estate bill included $478 for local schools. Of this amount, $320 went to the high school district. What percent did the Larson pay the high school district? (Round answer to two decimal places.)\r<BR>\n" );
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document.write( "2. (Find a percent notation for the fraction notation in the sentence)<BR>\n" );
document.write( "In one town, 28                over 100 of those with college education end up moving away to a larger city. Explain or show how your arrived at your answer.\r<BR>\n" );
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document.write( "3.  52.5 is what percent of 7? (Round to the nearest tenth of a percent and show your steps)\r<BR>\n" );
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document.write( "4. During one year, the Schmidt’s real estate bill included $299 for miscellaneous services. Of this amount, 32% went to the library fund. How much money did the library receive?                 \r<BR>\n" );
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document.write( "5. Hamlet has a credit card balance of $4172.76 with an annual percentage rate of 23.2%. His card requires a minimum payment of 2% of the total balance. What is his minimum payment?                      <BR>\n" );
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document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #335826 by </B><A HREF=/tutors/aboutme.mpl?userid=Theo><B>Theo(13342)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=Theo><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=Theo><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=335826\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> 1. During one year, the Larson’s real estate bill included $478 for local schools. Of this amount, $320 went to the high school district. What percent did the Larson pay the high school district? (Round answer to two decimal places.)\r<BR>\n" );
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document.write( "478 for local schools.<BR>\n" );
document.write( "of this 320 went to the high school.<BR>\n" );
document.write( "larsons payed 320/478 = .669456067 * 100% = 66.9456067% of the local schools tax to the high school district.<BR>\n" );
document.write( "round this off to 2 decimal places to get 66.95% of the local schools tax went to the high school district.\r<BR>\n" );
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document.write( "2. (Find a percent notation for the fraction notation in the sentence)<BR>\n" );
document.write( "In one town, 28 over 100 of those with college education end up moving away to a larger city. Explain or show how your arrived at your answer.\r<BR>\n" );
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document.write( "28/100 = .28 * 100% = 28%.\r<BR>\n" );
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document.write( "3. 52.5 is what percent of 7? (Round to the nearest tenth of a percent and show your steps)\r<BR>\n" );
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document.write( "52.5 / 7 = 7.5 * 100% = 750%.\r<BR>\n" );
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document.write( "4. During one year, the Schmidt’s real estate bill included $299 for miscellaneous services. Of this amount, 32% went to the library fund. How much money did the library receive?\r<BR>\n" );
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document.write( "the library received 32% / 100% = .32 * $299 = $95.68.<BR>\n" );
document.write( "$95.68 / $299 = .32 * 100% = 32%\r<BR>\n" );
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document.write( "5. Hamlet has a credit card balance of $4172.76 with an annual percentage rate of 23.2%. His card requires a minimum payment of 2% of the total balance. What is his minimum payment? \r<BR>\n" );
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document.write( "your monthly interest rate percent is equal to 23.2% / 12 = 1.9333333%<BR>\n" );
document.write( "your monthly interest rate is equal to 1.93333333%/100% = .01933333333<BR>\n" );
document.write( "add 1 to this to get a monthly factor of 1.0193333333<BR>\n" );
document.write( "your monthly balanc4e is multiplied by that before subtracting any payment.<BR>\n" );
document.write( "your balance is $4172.76<BR>\n" );
document.write( "your minimum monthly payment is 2% of that.<BR>\n" );
document.write( "your minimum monthly payment is .02 * $4172.76 = $83.4552<BR>\n" );
document.write( "that's your answer.<BR>\n" );
document.write( "the month's payment is calculated as follows:<BR>\n" );
document.write( "4172.76 * 1.019333333 = 4235.3514 - 83.4552 = 4152.8962<BR>\n" );
document.write( "your next month's minimum payment will be 4152.8962 * .02 = 83.037924<BR>\n" );
document.write( "to answer this question, however, you didn't need to know that.<BR>\n" );
document.write( "all you needed to know was that the remaining balance was 4172.76 and that your minimum payment was 2% of that which made your minimum payment equal to 4172.76 * .02 = $83.4552\r<BR>\n" );
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