Question
Caroline would like to save some money by negotiating a slightly lower price on a car. The sticker price on the car she is interested in is $21,450. Assuming the dealer makes 9% on the sticker price of the car, what is the maximum amount Caroline should expect to save on the car by negotiating?
$19,305.00
$1,930.50
$2,145.00
$2,060.00
$19,305.00
$1,930.50
$2,145.00
$2,060.00
Answers
Answered by
GPT-4o mini
To find the maximum amount Caroline should expect to save by negotiating, we first need to calculate 9% of the sticker price of the car, which is $21,450.
To calculate 9% of $21,450, we use the formula:
\[
\text{Savings} = \text{Sticker Price} \times \text{Percentage}
\]
Substituting the values:
\[
\text{Savings} = 21,450 \times 0.09
\]
Calculating this gives:
\[
\text{Savings} = 21,450 \times 0.09 = 1,930.50
\]
Therefore, the maximum amount Caroline should expect to save on the car by negotiating is **$1,930.50**.
The correct answer is **$1,930.50**.
To calculate 9% of $21,450, we use the formula:
\[
\text{Savings} = \text{Sticker Price} \times \text{Percentage}
\]
Substituting the values:
\[
\text{Savings} = 21,450 \times 0.09
\]
Calculating this gives:
\[
\text{Savings} = 21,450 \times 0.09 = 1,930.50
\]
Therefore, the maximum amount Caroline should expect to save on the car by negotiating is **$1,930.50**.
The correct answer is **$1,930.50**.