Question

Jeanne barrons has decided to buy a new car. it has a base price of

$21,276.00, options totaling $1,219.80 and a destination charge of $590.00.
while surfing the internet, she learned that the dealer's cost is
approximately 83% of the base price and 80% of the price of the options.
what should barrons estimate as the dealer's cost? (section 9-2) *
o a. $19,224.92
b. $17,659.09
c. $17,500.25
d. $19,430.84

Answer 1

a. $19,224.92

Explanation:

The dealer's cost will be the sum of the dealer's costs for the base car, its options, and the destination charge.

__

cost for base car = 0.83 × $21,276 = $17,659.08

cost for options = 0.80 × $1,219.80 = $975.84

cost for destination charge = $590.00

The sum of the dealer's costs is ...

$17,659.08 +975.84 +590.00 = $19,224.92

Barrons should estimate the dealer's cost to be $19,224.92.