Fernando has been saving money to buy an e-book reader. A store has just marked down the price of its readers by 40%. Each reade
r comes with a mail-in rebate for $25. If the reader used to cost $150, what will Fernando's final price be after the markdown and rebate?
Complete each step to solve the problem.
1. How much money will Fernando save because of the 40% markdown? Show your work.
2. The total amount off includes the markdown and rebate. What is the total amount off?
3. What will the final price of the reader be? Show your work.
