IM: 7.4.11: Percentage Contexts (Practice)
By Newsela Staff
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Last updated 6 days ago
7 Questions
Lin is shopping for a couch with her dad and hears him ask the salesperson, “How much is your commission?” The salesperson says that her commission is 5\frac{1}{2}% of the selling price.
A college student takes out a $7,500 loan from a bank. What will the balance of the loan be after one year (assuming the student has not made any payments yet):