Write the Percent Problems as Equations or Proportions and Solve $56.7$

question 7

Multiple Choice

Write the percent problems as equations or proportions and solve. Round to the nearest tenth or tenth of percent. 70% of what number is 39?

• A) \(56.7\)
• B) \(54.7\)
• C) \(57.7\)
• D) \(55.7\)
• E) \(53.7\)

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Definitions:

Real Interest Rates

The interest rate adjusted for inflation, representing the true cost of borrowing and the real yield to investors.

Net Capital Outflow

The difference between a nation's total investment in foreign countries and foreign investments within the nation, over a specified period of time.

Loanable Funds

The Loanable Funds market is a conceptual framework where savers supply funds to borrowers, determining the equilibrium interest rate.

Net Capital Outflow

The difference between the domestic country's purchases of foreign assets and foreign purchases of the domestic country’s assets for a certain period.