document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=194178>Question 194178</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Please help!!!<BR>\n" );
document.write( "What is the percent savings if a stereo is selling for $445.50 and is marked down to $401.95? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #145748 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=145748\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> What is the percent savings if a stereo is selling for $445.50 and is marked down to $401.95?<BR>\n" );
document.write( "---------------------<BR>\n" );
document.write( "Let the rate be \"r\".<BR>\n" );
document.write( "Equation:<BR>\n" );
document.write( "(1-r)445.5 = 401.95<BR>\n" );
document.write( "445.5 - r*445.5 = 401.95<BR>\n" );
document.write( "-445.5r = --43.55<BR>\n" );
document.write( "e = 0.0978<BR>\n" );
document.write( "The discount rate is approximately 9.78%<BR>\n" );
document.write( "============================================<BR>\n" );
document.write( "Cheers,<BR>\n" );
document.write( "Stan H.\r<BR>\n" );
document.write( "\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );