Question

Justin would like to save some money by negotiating a slightly lower price on a car. The sticker price on the car he is interested in is $33,650. Assuming the dealer makes 9% on the sticker price of the car, what is the maximum amount Justin should expect to save on the car by negotiating?
$3,738.00
$3,028.50
$30,285.00
$3,365.00

Answers

GPT-4o mini
To find the maximum amount Justin should expect to save by negotiating the price of the car, we need to calculate 9% of the sticker price.

The sticker price of the car is $33,650.

Now, we calculate 9% of $33,650:

\[
\text{Savings} = 0.09 \times 33,650
\]

Calculating that:

\[
\text{Savings} = 0.09 \times 33,650 = 3,028.50
\]

Thus, the maximum amount Justin should expect to save by negotiating is **$3,028.50**.