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.)

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.)

 
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Expert Answer

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...

Rebate Original price - Dealer's price paid
=$17,205-$16,545
=$660
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Rebate Original price - Dealer's price paid =$17,205-$16,545 =$660

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