In a survey of 1000 adults, 325 indicated that they were not confident that they will have enough saved to last through retirement. Write the fraction, in lowest terms, of adults who are not confident they will have enough saved to last through retirement. The fraction of the adults that were not confident that they had enough saved is (Type an integer or a fraction.) Clear all Check answer Help me solve this View an example Get more help-
In a survey of 1000 adults, 325 indicated that they were not confident that they will have enough saved to last through retirement. Write the fraction, in lowest terms, of adults who are not confident they will have enough saved to last through retirement. The fraction of the adults that were not confident that they had enough saved is (Type an integer or a fraction.) Clear all Check answer Help me solve this View an example Get more help-
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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![In a survey of 1000 adults, 280 indicated that they were not confident that they will have enough saved to last through retirement. Write the fraction, in lowest terms, of adults who are not confident they will have enough saved to last through retirement.
The fraction of the adults that were not confident that they had enough saved is [ ]
(Type an integer or a fraction.)
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Transcribed Image Text:In a survey of 1000 adults, 280 indicated that they were not confident that they will have enough saved to last through retirement. Write the fraction, in lowest terms, of adults who are not confident they will have enough saved to last through retirement.
The fraction of the adults that were not confident that they had enough saved is [ ]
(Type an integer or a fraction.)
---
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![**Understanding Financial Confidence for Retirement**
In a survey of 1,000 adults, 325 indicated that they were not confident about having enough savings to last through retirement. This raises a critical question about financial planning and preparedness for retirement—a concern for many individuals today.
**Task:**
Write the fraction, in lowest terms, of adults who are not confident they will have enough saved to last through retirement.
**Solution:**
- Total adults surveyed: 1,000
- Adults not confident about savings: 325
To find the fraction of adults not confident in their savings, divide the number of adults not confident by the total number surveyed:
\[ \text{Fraction} = \frac{325}{1000} \]
Next, simplify the fraction to its lowest terms by finding the greatest common divisor (GCD) of 325 and 1000, and divide both the numerator and the denominator by this GCD.
Explore financial strategies and tools to boost your confidence and security for a comfortable retirement.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc193c105-11c9-44cc-a7ff-c2d8d94aeaac%2Fdcbd47cc-a5fe-4212-a1e8-252a20780ebf%2Frnpepcq_processed.jpeg&w=3840&q=75)
Transcribed Image Text:**Understanding Financial Confidence for Retirement**
In a survey of 1,000 adults, 325 indicated that they were not confident about having enough savings to last through retirement. This raises a critical question about financial planning and preparedness for retirement—a concern for many individuals today.
**Task:**
Write the fraction, in lowest terms, of adults who are not confident they will have enough saved to last through retirement.
**Solution:**
- Total adults surveyed: 1,000
- Adults not confident about savings: 325
To find the fraction of adults not confident in their savings, divide the number of adults not confident by the total number surveyed:
\[ \text{Fraction} = \frac{325}{1000} \]
Next, simplify the fraction to its lowest terms by finding the greatest common divisor (GCD) of 325 and 1000, and divide both the numerator and the denominator by this GCD.
Explore financial strategies and tools to boost your confidence and security for a comfortable retirement.
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