Question

find the new amount given the original amount and the percent of change.
$37,000; 4% decrease
the new amount is $99.00

Explanation:

Step1: Calculate the amount of decrease

The amount of decrease is found by multiplying the original amount by the percent of decrease (in decimal form). The percent of decrease $4\%$ in decimal form is $0.04$. So the amount of decrease is $37000\times0.04 = 1480$.

Step2: Calculate the new amount

The new amount is the original amount minus the amount of decrease. So the new amount is $37000 - 1480=35520$.

Answer:

$35520$