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?

1 Answer
Meave60
Jul 10, 2018

Brennon saves $0.73$0.73, which is 7373 cents.

Explanation:

1 1/2%112% is the same as 1.5%1.5%. Convert it into decimal form by dividing by 100100.

1.5/100=0.0151.5100=0.015

Now multiply $48.50$48.50 by 0.0150.015 to determine the discount.

$48.50xx0.015=$0.73$48.50×0.015=$0.73

Brennon saves $0.73$0.73, which is 7373 cents.

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