Advanced Math practice question

Answer: 2707.5 or 2707.50

3000 × 0.95² = 3000 × 0.9025 = 2,707.50.

Common wrong answers

If you answered 2700

2,700 subtracts 5% of 3,000 twice (linear); the second 5% is of 2,850.

If you answered 2707

2,707 drops the 50 cents.

If you answered 2850

2,850 is after ONE year.

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