Jacob has a piece of toast that has butter on one side, and he dropped it twice. both times it landed with the butter side up. if he drops it two more times, what is the probability that it will have landed butter side up a total of three times? one over four one over two one over three two over three

P(total of 3) = 2C1 * (0.5) * (0.5) = 2 * 0.25 = 0.5 = 1/2

The multiplier you would use to find the new value would be 0.4.

The reason for this is that 100%-60% =40%. This is the part of the value it will keep. 40% is the same as 0.4.

This decimal represents the part of the original price that is it still worth.

The multiplier is 0.4 because that it what you would multiply $80 by to find the new value.