Solve If Needed, Round Money Amounts to Two Decimal Places

question 291

Multiple Choice

Solve. If needed, round money amounts to two decimal places and all other amounts to one decimal place.
-The population of a town is currently 45,000. This represents an increase of 60% from the population 5 years ago. Find the population of the town 5 years ago. Round to the nearest whole
Number if necessary.

• A) 27,000
• B) 28,125
• C) 75,000
• D) 18,000

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Definitions:

Shareholder Rights

The entitlements granted to shareholders of a corporation, including the right to vote on corporate matters, receive dividends, and share in the assets upon dissolution.

Proposed Merger

A plan or offer to combine two or more companies into one entity, subject to approval by regulators and shareholders.

Common Shareholder

An individual or entity that owns shares in a company, granting them ownership equity and usually voting rights.

Special Cases

Situations or scenarios that deviate from the norm, requiring unique considerations or treatments in various contexts such as law, economics, or computing.