Consider the following two monetary incentives when

Question

purchasing a desktop computer at the regular price of $299.
25% Off All Desktops with Regular Price of $200 or
More.
$70 Rebate on Any Purchase of $200 or More.
Find the final price of the better incentive, after the discount
has been applied. Round the answer to two decimal places.

Answer 1

To find the final price of the better incentive, we need to compare the two options and see which one gives a lower final price.

Option 1: 25% Off All Desktops with Regular Price of $200 or More
The regular price of the desktop computer is $299. With a 25% discount, the amount saved is 0.25 * $299 = $74.75.
The final price after the discount is $299 - $74.75 = $224.25.

Option 2: $70 Rebate on Any Purchase of $200 or More
The regular price of the desktop computer is $299. With a $70 rebate, the final price after the discount is $299 - $70 = $229.

Comparing the two options, we see that the final price with Option 1 is $224.25, which is lower than the final price with Option 2 ($229).
Therefore, the better incentive is Option 1: 25% Off All Desktops with Regular Price of $200 or More, with a final price of $224.25.