Question

8 what would be added to the price of a \\$22,500 car if the dmv fees for title and license were 1.5\\%?

\\$22,837.50
\\$337.50
\\$450
\\$3,375

Explanation:

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"new_concepts": [
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<reasoning>

Identify the given values

\[

$$\begin{aligned} &\text{Car Price} = \$22,500 \\ &\text{DMV Fee Rate} = 1.5\% = 0.015 \end{aligned}$$

\]

Calculate the added DMV fees

\[

$$\begin{aligned} \text{DMV Fees} &= \$22,500 \times 0.015 \\ &= \$337.50 \end{aligned}$$

\]
</reasoning>

<answer>
<mcq-option>(A) $22,837.50</mcq-option>
<mcq-correct>(B) $337.50</mcq-correct>
<mcq-option>(C) $450</mcq-option>
<mcq-option>(D) $3,375</mcq-option>
</answer>

<post_analysis>
{
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"question_type": "Multiple Choice",
"knowledge_point": [
"Business",
"Finance",
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]
}
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Answer:

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"new_concepts": [
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</pre_analysis>

<reasoning>

Identify the given values

\[

$$\begin{aligned} &\text{Car Price} = \$22,500 \\ &\text{DMV Fee Rate} = 1.5\% = 0.015 \end{aligned}$$

\]

Calculate the added DMV fees

\[

$$\begin{aligned} \text{DMV Fees} &= \$22,500 \times 0.015 \\ &= \$337.50 \end{aligned}$$

\]
</reasoning>

<answer>
<mcq-option>(A) $22,837.50</mcq-option>
<mcq-correct>(B) $337.50</mcq-correct>
<mcq-option>(C) $450</mcq-option>
<mcq-option>(D) $3,375</mcq-option>
</answer>

<post_analysis>
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"Finance",
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