Madison bought her Grandfather a new hat for his birthday. The hat cost $12.99 and was hanging on the 50% clearance rack. How much was the cost of the hat after the discount

the hat would cost $6.495 which if you round the answer it would be $6.50

Step-by-step explanation:

12.99*50%=12.900*.50=6.495 round to 6.50

this is the formula: v = the value of investment at the end of the time period

p = the principal amount (the initial amount invested)

r = the annual interest rate

n = the annual frequency of compounding (how many times a year interest is added)

t = the number of years the money is invested

^ means raise to the power of