Calculate the Missing Information, Rounding Dollars to the Nearest Cent

question 88

Short Answer

Calculate the missing information, rounding dollars to the nearest cent and percents to the nearest tenth percent: $$\begin{array} { l l l l l } & \text { Original } & \text { Amount of } & \text { New Sale } & \text { Markdown } \\\underline {\text { Item }} & \underline { \text { Selling Price }} & \underline { \text { Markdown } } & \underline { \text { Price } }& \text { Percent }\\\text { Copier } &\$22.99&&\$20.69&&\end{array}$$

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Definitions:

Foreclosed Property

Property that has been repossessed by a lender or a government entity due to the owner's failure to meet payment obligations.

Creditor

An individual or institution to whom money is owed by a debtor or borrower.

Enforce a Lien

The legal process by which a creditor seeks to claim possession of a debtor's property to satisfy a debt.

Deficient Work

Work that fails to meet the required standards or contractual obligations.