dao receives an employee discount on the purchase of a new automobile. the automobile that he is interested…

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?\n$3,340.80\n$3,712.00\n$12,992.00\n$15,219.20

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?\n$3,340.80\n$3,712.00\n$12,992.00\n$15,219.20

Answer

Explanation:

Step1: Calculate discount amount

The discount amount is 18% of the sticker - price. So, the discount amount $d = 0.18\times18560$. $d=0.18\times18560 = 3340.8$

Step2: Calculate the price to be paid

The price Dao will pay $p$ is the sticker - price minus the discount amount. So, $p = 18560−d$. $p=18560 - 3340.8=15219.2$

Answer:

$15,219.20$