Episode Details

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - How to calculate successive percentages on updated bases for discounts and sales tax. - Why combining percentage discount and tax rates directly creates common exam calculation errors. - The formula for percent change and why growth must be divided by the starting base. - The key difference between a percent change and a percentage-point shift. - Why an AFQT percentile rank is not equivalent to a percentage of correct answers. This independent study podcast helps applicants prepare for the ASVAB. Explore practice modules at https://open-exam-prep.com/practice/asvab and video tutorials at https://www.youtube.com/@Open-exam-prep . Sources checked: September 28, 2026 - https://www.officialasvab.com/applicants/subtests/ - https://www.officialasvab.com/applicants/scores/ - https://www.officialasvab.com/applicants/cat-asvab/