11. - / 0.76 points 0/5 submissions used a general motors buyer - incentive program offered a 4.5% rebate on…

11. - / 0.76 points 0/5 submissions used a general motors buyer - incentive program offered a 4.5% rebate on the selling price of a new car. what rebate would a customer receive who purchased a $33,500 car under this program? (see example 5 in this section.) $

11. - / 0.76 points 0/5 submissions used a general motors buyer - incentive program offered a 4.5% rebate on the selling price of a new car. what rebate would a customer receive who purchased a $33,500 car under this program? (see example 5 in this section.) $

Answer

Explanation:

Step1: Convert percentage to decimal

To find the rebate amount, we first convert 4.5% to a decimal. We do this by dividing 4.5 by 100, so $4.5%=0.045$.

Step2: Calculate the rebate amount

We multiply the selling - price of the car by the decimal form of the rebate percentage. The selling price of the car is $33500$. So the rebate amount $A$ is $A = 33500\times0.045$. $A=33500\times0.045 = 1507.5$

Answer:

$1507.5$