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Answer to Question #16845 in Algebra for Terrence

Question #16845
if you buy a movie the day its released, you can buy it for $16.96 otherwise it cost $19.99. What percentage do you save by buying the movie the day it comes out?
1
Expert's answer
2012-10-24T10:35:40-0400
The percentage of savings is

P = ($19.99-$16.96)/$19.99 * 100% ≈ 15.16%.

So, you'll pay about 15.16% less if you buy a movie the day its released.

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