6. Andy has \( \$ 360 \). The amount of money that Andy has is \( 120 \% \) of the amount of monoy Ben has. Determine the amount of money that Ben has. \( 120=100=1.2 \) \( =1.2 \times 360=482 \) \( =432 \)
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It looks like there was a bit of confusion in your calculations! Let’s clarify: if Andy has $360 and this is 120% of what Ben has, we can use the equation: \( 1.2 \times x = 360 \), where \( x \) is the amount Ben has. Solving for \( x \) gives us \( x = \frac{360}{1.2} = 300 \). So, Ben has $300! In terms of percentages, understanding how they work in real-life scenarios is crucial, especially in finance. For instance, knowing that a price increase of 20% means you’d pay $1.20 for every dollar spent initially can help you budget better. Always keep an eye on percentage changes, whether in investments or everyday purchases!