5.3k views
4 votes
Warm-up compute the following value. recall that percent means "per one hundred." percentages can be written in decimal form. Write the correct answer. use numerals instead of words. a 3% fee is taken out of an initial amount of $3,460, and then a $100 fee is taken after that, leaving a new amount of $ .

User Mrinal
by
8.1k points

1 Answer

5 votes

Final answer:

To calculate the new amount after deducting a 3% fee and a $100 fee from the initial amount of $3,460, convert the percentage to decimal form, multiply it by the initial amount, and subtract the result from the initial amount. Then, subtract the $100 fee from the obtained value.

Step-by-step explanation:

To compute the new amount after deducting a 3% fee and a $100 fee from an initial amount of $3,460, we need to follow these steps:

  1. First, calculate the 3% fee by converting it to decimal form: 3% = 0.03.
  2. Multiply the initial amount by the 3% fee to find the amount deducted: $3,460 x 0.03 = $103.80.
  3. Subtract the 3% fee from the initial amount: $3,460 - $103.80 = $3,356.20.
  4. Next, subtract the $100 fee from the new amount: $3,356.20 - $100 = $3,256.20.

Therefore, the new amount, after deducting both fees, is $3,256.20.

User Liminalisht
by
7.8k points