Question

PG&E gives a 1 ½% discount to customers who pay their bill at least 10 days before the due date. If Brennon pays his 48.50 bill ten days early, how much will he save, rounded to the nearest cent?

Answer 1

Brennon saves `$0.73`, which is `73` cents.

Explanation:

`1 1/2%` is the same as `1.5%`. Convert it into decimal form by dividing by `100`.

`1.5/100=0.015`

Now multiply `$48.50` by `0.015` to determine the discount.

`$48.50xx0.015=$0.73`

Brennon saves `$0.73`, which is `73` cents.