To calculate 6% of a variable \(x\) in a financial context, you can use the formula 0.06x. 6% of $1,000 is $60.
To mathematically express and calculate 6% of a variable x in a financial context, you can use the formula:
0.06x
This expression represents 6% of the variable x.
To calculate it, multiply the value of x by 0.06.
For example, if x represents a budget or an investment amount, finding 6% of x would provide the equivalent of a 6% increase or decrease.
For instance, if x is $1,000, then
.
Therefore, 6% of $1,000 is $60.
The probable question may be:
How would you mathematically express and calculate 6% of a variable x within the context of a financial problem?