Question

Suppose that a certain fortunate person has a net worth of $76.0 billion ($ 7.60×1010 ). If her stock has a good year and gains $3.20 billion ( 3.20×109 ) in value, what is her new net worth? THE NEW NET WOTH IS 7.92×10^10 Suppose that this individual now decides to give one-eighth of a percent (0.125 % ) of her new net worth to charity. How many dollars are given to charity?

Answer 1

Find the 0.125% of 7.92x10^10: Multiply the amount by 0.125 and then divide into 100 or multiply the amount by 0.125/100

$\begin{gathered} \frac{0.125}{100}=1.25\times10^{-3} \\ \\ 7.92\times10^{10}*1.25\times10^{-3}=(7.92*1.25)\times10^{10-3}=9.9\times10^7 \end{gathered}$

Then, $9.9x10^7 are given to charity