Question

A General Motors buyer-incentive program offered a 5.5% rebate on the selling price of a new car. What rebate (in dollars) would a customer receive who purchased a $30,500 car under this program? (Enter a number as an exact integer or decimal.)

Answer 1

Answer: he would receive a rebate of $1677.5

Step-by-step explanation:

A General Motors buyer-incentive program offered a 5.5% rebate on the selling price of a new car. This means that if the selling price of the new car is $x, the rebate (in dollars) that a customer would receive is

5.5/100 × x = 0.055 × x = 0.055x

Therefore, for a customer who purchased a $30,500 car under this program, the rebate that he would receive is

0.055 × 30500 = $1677.5