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Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447

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BuyFindarrow_forward

Contemporary Mathematics for Busin...

8th Edition
Robert Brechner + 1 other
ISBN: 9781305585447
Textbook Problem

Southern Telecom is offering a prepaid phone card that contains 200 minutes of time for 8 cents per minute. What is the cost of the card?

To determine

To calculate: The cost of prepaid phone card that contains 200 minutes of time for 8 cents per minute.

Explanation

Given Information:

The provided total minutes are 200 and cost per minute is 8 cents.

Formula used:

For multiplying decimal numbers:

Step 1: Multiply the numbers as whole numbers are multiplied by ignoring the decimal points.

Step 2: Count the number of decimal places in the multiplier and multiplicand together.

Step 3: Put the decimal point in the product by counting decimal places as counted in step 2.

Calculation:

Consider total minutes and cost per minute in cents,

200 and 8 cents

As it is known that $1=100 cents so, 8 cents = $0.08

To find cost of prepaid phone card, multiply 200 and $0.08 as whole numbers are multiplied,

200× 0

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