Suppose your school costs for this term were \( \$ 8020 \) and financial aid covered \( 80 \% \) of that amount. How much did financial aid cover? \$ How much do you still have to pay? \$ Question Help: Message instructor Calculator

Calculate or simplify the expression \( 0.8*8020 \). Calculate the value by following steps: - step0: Calculate: \(0.8\times 8020\) - step1: Multiply the numbers: \(6416\) The financial aid covered $6416. To find out how much you still have to pay, we need to subtract the amount covered by financial aid from the total cost of the school. Total cost of the school = $8020 Amount covered by financial aid = $6416 Amount still to be paid = Total cost - Amount covered by financial aid Amount still to be paid = $8020 - $6416 Amount still to be paid = $1604 Therefore, you still have to pay $1604.