question 1 (1 point) barrys uncle works at a car dealership and has agreed to give barry a great deal on a…

question 1 (1 point) barrys uncle works at a car dealership and has agreed to give barry a great deal on a new car. barry really likes the new ford f - 150. it retails for $28445 on the sticker, but barrys uncle says he will sell it to him for $400 over the actual cost to the dealership. if the retail sticker has been marked up 21% above the dealerships cost, how much will barry have to pay for the truck? round your answer to the nearest cent. answer: your answer: units

question 1 (1 point) barrys uncle works at a car dealership and has agreed to give barry a great deal on a new car. barry really likes the new ford f - 150. it retails for $28445 on the sticker, but barrys uncle says he will sell it to him for $400 over the actual cost to the dealership. if the retail sticker has been marked up 21% above the dealerships cost, how much will barry have to pay for the truck? round your answer to the nearest cent. answer: your answer: units

Answer

Explanation:

Step1: Find the actual cost to the dealership

Let the actual cost to the dealership be $x$. The retail sticker price of $28445$ is $21%$ above the dealership's cost. So, $28445=(1 + 0.21)x$. Solving for $x$, we have $x=\frac{28445}{1.21}$. $x=\frac{28445}{1.21}=23516.528926$

Step2: Calculate the price Barry pays

Barry's uncle will sell it to him for $400$ over the actual cost to the dealership. So the price Barry pays is $23516.528926+ 400$. $23516.528926+400 = 23916.528926\approx23916.53$

Answer:

$23916.53$