Answer:
It's option D. $24.900.00
Step-by-step explanation:
new car costs -----> $19,910.00
Stephen also has to pay 17.25% in taxes based off the cost of the car. This means he has to pay 17.25% of $19,910.00
= (17.25 / 100) × 19,910.00
= 0.1725 × 19,910.00 = $3434.475
The cost of taxes he has to pay is $3434.475
If he also purchases an extended warranty for $900.00
= $3434.475 + $900.00 = $4334.475
Now the questions asks us what is a reasonable estimate for the total price of the car? This means that we are looking for the actual cost of the new car + cost of tax + cost of extended warranty.
Total cost = $19,910.00 + $3434.475 + $900.00 = $24244.475
After looking at your answer choices the closest to this solution is option D.
