Question

dao receives an employee discount on the purchase of a new automobile. the automobile that he is interested in has a sticker price of $18,560. if his discount is 18 percent, what is the price that dao will pay?
$3,340.80
$3,712.00
$12,592.00
$15,219.20

Explanation:

Step1: Calculate discount amount

Discount = 18% of $18,560 = \( 0.18 \times 18560 \)
\( 0.18 \times 18560 = 3340.80 \)

Step2: Subtract discount from sticker price

Price to pay = Sticker price - Discount = \( 18560 - 3340.80 \)
\( 18560 - 3340.80 = 15219.20 \)

Answer:

$15,219.20