Elementary Technical Mathematics

Published by Brooks Cole
ISBN 10: 1285199197
ISBN 13: 978-1-28519-919-1

Chapter 1 - Section 1.14 - Rate, Base, and Part - Exercises - Page 83: 17

Answer

\$1,600

Work Step by Step

The part is \$72, the rate is 4.5%. The base is the unknown number following "of". Move the decimals two places to the left convert the percent rate to a decimal. $B=\frac{P}{R}=\frac{72}{0.045}=1600$
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