How much will it cost to buy 5 books at $6.95 each? (A "book," FYI, was this contraption made out of paper that people used to read before the Internet came along.)
Answer
Estimate is 5 × $7 = $35. This estimate is 5 cents too high for each
book, so subtract 5 × $0.05 = $0.25 from the estimate. Final answer is
$35 - $0.25 = $34.75.