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A lawnmower costs $284, and the six-year extended warranty on the lawnmower costs 17% as much as the lawnmower itself. What is the effective price per year of the extended warranty?

a.
$4.82
b.
$3.93
c.
$8.05
d.
$7.03


Please select the best answer from the choices provided

User RobIII
by
6.5k points

2 Answers

5 votes

Answer:

The answer is C on edge 2020.

Explanation:

A lawnmower costs $284, and the six-year extended warranty on the lawnmower costs-example-1
User CruorVult
by
5.9k points
6 votes

Answer:

The correct answer option is c. $8.05.

Explanation:

We are given that a lawnmower costs $284, and the six-year extended warranty on the lawnmower costs 17% as much as the lawnmower itself.

We are to find its effective price per year of the extended warranty.

So, the amount of six year warranty =
\frac { 17 } { 100 } * 284 = $48.28

Price of warranty per year =
\frac { 48.28 } { 6 } = $8.05

User QuaternionsRock
by
5.7k points