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Real-Life Math

Jennifer D'Oliveira is a wedding consultant. "Math skills are required only for basic budgeting," she says.

Here is an example of a photography budget for a client:

Rehearsal dinner photos: $200 flat fee
Pre-ceremony photos at the bride's home: $300 flat fee
Ceremony stills: $300 flat fee
Reception stills: $600 flat fee

A 5 percent discount is offered on the flat fees if paid in advance, which the bride and groom agreed to.

Extra reprints: $2 per photo; buy 2 of the same reprint, get the third free

The bride and groom plan to buy reprints of 200 photos for themselves, plus 2 sets comprised of 50 copies of some of the same photos from this batch -- 1 set each for the groom's parents and for the bride's parents, and 1 set of 5 of the same photos from this batch (but different from the ones for the parents) for each of the 6 wedding party members.

Here is the total invoice the photographer submitted. Is it correct? If it's not correct, where is the error and what is the correct total?

Total, flat fees, with 5 percent discount: $1,330
Reprints: 330 x $2 = $660
Minus buy 2, get 1 free promotional discount: 56 photos x $2 = $112 discount
Subtotal reprint fee: $548
Total due: $1,878

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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.