Find the balance in an account when $500 is deposited at 4% interest compounded semi-annually for 2 years
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When you see a "%" you need to ask " a percent of what"?
Here, it's a percent of the original prize, so the discount is 20% of the original prize, that is 20% of 35.
20% is also 20/100 or 1/5, so we can calculate this like this:
so the discount is 7 dollars.
Here, it's a percent of the original prize, so the discount is 20% of the original prize, that is 20% of 35.
20% is also 20/100 or 1/5, so we can calculate this like this:
so the discount is 7 dollars.