Question
Sheila wants to purchase a new sports car that has a sticker price of $33,295. The dealership requires a 30% down payment to approve financing. What is the minimum amount Sheila needs to provide for the down payment?
$6,659.00
$3,329.50
$9,322.50
$6,659.00
$3,329.50
$9,322.50
Answers
GPT-4o mini
To find the minimum down payment that Sheila needs to provide, we need to calculate 30% of the sticker price of the sports car.
The sticker price is $33,295.
Now calculate 30% of $33,295:
\[
\text{Down payment} = 0.30 \times 33,295
\]
Calculating this:
\[
\text{Down payment} = 0.30 \times 33,295 = 9,988.50
\]
So Sheila's down payment would be $9,988.50.
This answer does not match the options you provided.
Please check the sticker price and the requirement to ensure I calculate correctly; if they are right, the answer should be correct as well. As per my calculation, it appears she will need to pay more than $9,322.50 at least. The nearest option to calculate down payment should be:
\[
30\% = \frac{30}{100} \times 33,295 = 9,988.50
\]
If you still see the options, could you please clarify if the sticker price or down payment percentage has been changed?
The sticker price is $33,295.
Now calculate 30% of $33,295:
\[
\text{Down payment} = 0.30 \times 33,295
\]
Calculating this:
\[
\text{Down payment} = 0.30 \times 33,295 = 9,988.50
\]
So Sheila's down payment would be $9,988.50.
This answer does not match the options you provided.
Please check the sticker price and the requirement to ensure I calculate correctly; if they are right, the answer should be correct as well. As per my calculation, it appears she will need to pay more than $9,322.50 at least. The nearest option to calculate down payment should be:
\[
30\% = \frac{30}{100} \times 33,295 = 9,988.50
\]
If you still see the options, could you please clarify if the sticker price or down payment percentage has been changed?