Solve the Problem

question 73

Multiple Choice

Solve the problem. Round to the nearest hundredth, if necessary.
-15 is 5% of what number?

• A) 3000
• B) 30
• C) 75
• D) 300

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Definitions:

Interest Rates

The rate at which a borrower is charged interest for borrowing money from a lender.

Federal Budget Deficits

The financial situation where the U.S. government's expenditures exceed its revenue in a given fiscal year.

Trade Deficits

Trade deficits occur when a country imports more goods and services than it exports, resulting in a net outflow of domestic currency to foreign markets.

Interest Rates

The cost of borrowing money, typically expressed as a percentage of the amount borrowed, charged by lenders to borrowers.