Thinking Mathematically (6th Edition)

Published by Pearson
ISBN 10: 0321867327
ISBN 13: 978-0-32186-732-2

Chapter 8 - Personal Finance - Chapter Summary, Review, and Test - Review Exercises - Page 569: 15

Answer

See below:

Work Step by Step

(a) Compute the amount of discount rate as shown below: $\begin{align} & \text{Discount amount}=\text{Discount rate}\times \text{Original price} \\ & =0.35\times \$850\\&=\$297.5\end{align}$ (b) Compute the sale price of television as shown below: \[\begin{align} & \text{Sale price of television}=\text{Original price}-\text{Discount amount} \\ & =\$850-\$297.5\\&=\$552.5\end{align}\]
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