Answer:
$34.30
Step-by-step explanation:
Use the equation:
F=P(r)
F=final price
P=principal (starting) amount
r=rate, normally a percent and has to be converted to a decimal
**Since this problem asks us to go down, there is no 1+r. That's when it gives us the final price and asks us to find the original.
Plug in the values: F = 49(.7)
F=$34.30 (don't forget the $ sign)
