Multiplication is a fundamental mathematical operation that involves the repeated addition of a number. In this case, we are looking to find the result of multiplying 699 by 1.075. To solve this problem, we can use the standard multiplication algorithm or a calculator. The result of this operation will provide us with the product of these two numbers.
Multiplication Algorithm
The multiplication algorithm involves multiplying the multiplicand (699) by the multiplier (1.075). To do this, we can break down the multiplier into its decimal components and perform the multiplication step by step. First, we multiply 699 by 1, which gives us 699. Then, we multiply 699 by 0.075, which equals 52.425. Finally, we add these two results together to get the final product.
Step-by-Step Calculation
To calculate the result of 699 multiplied by 1.075, we perform the following steps:
- Multiply 699 by 1: 699 * 1 = 699
- Multiply 699 by 0.075: 699 * 0.075 = 52.425
- Add the results together: 699 + 52.425 = 751.425
Therefore, the result of multiplying 699 by 1.075 is 751.425.
| Multiplicand | Multiplier | Product |
|---|---|---|
| 699 | 1.075 | 751.425 |
Real-World Applications
Multiplication is used in various real-world applications, such as finance, science, and engineering. For example, in finance, multiplication is used to calculate interest rates, investment returns, and currency exchange rates. In science, multiplication is used to calculate quantities such as area, volume, and density. In engineering, multiplication is used to calculate stress, strain, and other physical properties of materials.
Financial Applications
In finance, multiplication is used to calculate the future value of an investment. For example, if an investment earns an annual interest rate of 1.075, the future value of the investment can be calculated by multiplying the principal amount by the interest rate. In this case, the result of multiplying 699 by 1.075 represents the future value of an investment with a principal amount of 699 and an annual interest rate of 1.075.
In conclusion, the result of multiplying 699 by 1.075 is 751.425. This calculation has various real-world applications, including finance, science, and engineering. Understanding the multiplication algorithm and its applications is essential for solving problems in these fields.
What is the result of multiplying 699 by 1.075?
+The result of multiplying 699 by 1.075 is 751.425.
What are some real-world applications of multiplication?
+Multiplication has various real-world applications, including finance, science, and engineering. It is used to calculate quantities such as interest rates, investment returns, area, volume, and density.
