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To find the new price after applying a 26% discount to an original price of $29, follow these steps:

1. **Calculate the discount amount**:
   \[
   \text{Discount amount} = \text{Original Price} \times \left(\frac{\text{Discount Rate}}{100}\right)
   \]
   \[
   = 29 \times \left(\frac{26}{100}\right) = 29 \times 0.26 = 7.54
   \]

2. **Subtract the discount from the original price**:
   \[
   \text{New Price} = \text{Original Price} - \text{Discount Amount}
   \]
   \[
   = 29 - 7.54 = 21.46
   \]

So, the new price after applying the discount is **$21.46**.

Would you like further clarification or additional details? Here are some follow-up questions you might consider:

1. How can I calculate the percentage discount if I only know the original and final prices?
2. What if the discount rate was compounded? How would that affect the final price?
3. How does rounding to the nearest cent affect the final price in larger transactions?
4. How can I apply this method to calculate tax added to a price?
5. If I had multiple discount rates applied one after another, how would I calculate the final price?

**Tip**: Always remember to convert percentage values to decimals (by dividing by 100) when calculating discounts or tax.

Use the given information to find the new price. Original Price: $29, Discount Rate: 26%

Learn how to calculate the new price after applying a 26% discount to an original price of $29. Follow step-by-step guidance on percentage calculations and subtraction to find the final price.

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