00:01
In your question, you're given four different investment categories.
00:04
We have manufacturing, transportation, chemicals, and financials.
00:07
They don't tell us what these numbers represent, whether they represent thousands of dollars, millions of dollars, hundreds of dollars, but we would assume that they're all of the same unit type.
00:18
And now your question is, what percent does each investment category represent? so the first thing we need to know is to find the total investment here, which is just to add all of these values, and you would end up with 32 .4.
00:36
Now to find the percent that each category represents, we simply take the value from that category, in this case manufacturing, is 15 .7, and we divide that by 32 .4.
00:50
So we'll have a manufacturing percentage.
00:54
I'm leaving space right here to put the percentages.
00:57
So manufacturing, as a decimal, comes out to be 0 .48457 approximately.
01:09
We're supposed to round this to the nearest tenth of the percent, so if i move it two places to the right to make it a percent, the tenth of a percent would be at the four.
01:20
That would get rounded to a five, giving us 48 .5%.
01:28
So manufacturing is 48 .5%.
01:31
Transportation, we would take 5 .1 divided by the total, 32 .4, and that works out to 0 .1574...
