If you want to buy an item in a store that costs $32.50 and is on sale for 30% off, then how much would the item actually cost you after the discount? Round to the nearest cent.

$22.75

Step-by-step explanation:

if you multiply $32.50 * 30% you get $9.75

32.50-9.75=$22.75

$22.75

Step-by-step explanation:

Convert percent to decimal:

30%=30/100=0.3

Percent formula:

a(1-r)

a(1−r)

32.5(1-0.3)

32.5(1−0.3)

32.5(0.7)

32.5(0.7)

22.75

22.75

Price after discount:

$22.75

this is the formula: v = the value of investment at the end of the time period

p = the principal amount (the initial amount invested)

r = the annual interest rate

n = the annual frequency of compounding (how many times a year interest is added)

t = the number of years the money is invested

^ means raise to the power of