QUESTION IMAGE
Question
after a series discount of 13/21/7, the net cost of a computer system is $937.46. what is the list price? the list price of the system is $\square. (round to the nearest cent as needed.)
Step1: Convert discounts to decimal multipliers
A discount of 13% means we pay \(1 - 0.13 = 0.87\) of the original price.
A discount of 21% means we pay \(1 - 0.21 = 0.79\) of the previous price.
A discount of 7% means we pay \(1 - 0.07 = 0.93\) of the previous price.
Step2: Multiply the multipliers together
To find the overall multiplier, multiply the three decimals:
\(0.87\times0.79\times0.93\)
First, \(0.87\times0.79 = 0.6873\)
Then, \(0.6873\times0.93 = 0.639189\)
Step3: Solve for list price (\(L\))
Let \(L\) be the list price. We know that \(L\times0.639189 = 937.46\).
So, \(L=\frac{937.46}{0.639189}\)
Calculating this, \(L\approx1466.64\)
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\(1466.64\)