Question

Asked Nov 18, 2019

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help with B only I keep getting numbers that don't look right

The original price of a 2018 Honda Shadow to the dealer is $17,205, but the dealer will pay only $16,545 after rebate. If the dealer pays Honda within 15 days, there is a 2% cash discount.**a. **How much is the rebate?

**b. **What percent is the rebate? **(Round your answer to the nearest hundredth percent.)**

**c. **What is the amount of the cash discount if the dealer pays within 15 days? **(Round your answer to the nearest cent.)**

**d. **What is the dealer’s final price? **(Round your answer to the nearest cent.)**

**e. **What is the dealer’s total savings? **(Round your answer to the nearest cent.)**

Step 1

The rebate amount is the difference in the original price and the price paid by the dealer.

Step 2

Given:

Original price is $ 17,205

Dealer’s price is $16,545

Cash discount is 2% till 15 days.

Step 3

Calculations:

Firstly, calculate the reba...

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