A car dealership offers $750 cash back and 5% off. You are purchasing a $22,500 car. (The $750 cash back is applied towa
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A car dealership offers $750 cash back and 5% off. You are purchasing a $22,500 car. (The $750 cash back is applied towa
A car dealership offers $750 cash back and 5% off. You arepurchasing a $22,500 car. (The $750 cash back is applied towardsthe price of the car.) 1. First, guess, will the order in whichthese discounts are applied make a difference? Why or why not? Givespecific reasons why you think that will happen. 2. Calculate theprice of the car if the cash back is applied first and thepercentage off is applied second. 3. Calculate the price of the carif the 5% off is applied first and then the $750 cash back isapplied. 4. Which order would you choose? How much would you savedoing that? 5. Do you think the cost of the car would affect theresults? Why or why not? Choose another price for the car and workout the cost doing the cash back first then the percentage discountand the cost for the percentage discount followed by the cash back.Use these results to support your conclusion.