jeanette has decided to examine her checking account statements. the account balance was $8,710 last month…

jeanette has decided to examine her checking account statements. the account balance was $8,710 last month, and 20% less this month. what is the account balance this month?

jeanette has decided to examine her checking account statements. the account balance was $8,710 last month, and 20% less this month. what is the account balance this month?

Answer

Explanation:

Step1: Calculate the percentage of the balance this month

The balance this month is 100% - 20% = 80% of last - month's balance. In decimal form, 80% is 0.8.

Step2: Calculate this month's balance

Multiply last - month's balance by the decimal representing this month's percentage. So, $8710\times0.8$. $8710\times0.8 = 6968$

Answer:

$6968$