You have $500 in the bank, and you spend $2.75 on a New York Subway ride. Billionaire and former New York mayor Michael Bloomberg has $64 billion in the bank and spends $350,000,000 on TV ads, bragging about how good a mayor he was. Who has spent a larger portion (percent) of her/his wealth? Show your calculations.

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter1: Introduction To Algebra
Section1.5: Translating Sentences Into Equations
Problem 30WE
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You have $500 in the bank, and you spend $2.75 on a New York Subway ride. Billionaire and former New York mayor Michael Bloomberg has $64 billion in the bank and spends $350,000,000 on TV ads, bragging about how good a mayor he was. Who has spent a larger portion (percent) of her/his wealth? Show your calculations.

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