Question

A retailer needs to purchase 11 printers. The first printer costs $58, and each additional printer costs 5% less than the price of the previous printer, up to 15 printers. What is the total cost of 11 printers?
$381.99
$500.19
$606.10
$609.00

Answer 1

The total cost of 11 printers is $500.19.

Given that,

A retailer needs to purchase 11 printers.

The first printer costs $58, and each additional printer costs 5% less than the price of the previous printer, up to 15 printers.

We have to determine,

What is the total cost of 11 printers?

According to the question,

The first printer costs $58.

Each additional printer costs 5% less than the price of the previous printer, up to 15 printers.

The cost of a second printer is,

= 0.95 × 58 = $55.1

The cost of a third printer is,

= 0.95 × 55.1 = $52.345

The cost of a fourth printer is,

= 0.95 × 52.345 = $49.727

The cost of a fifth printer is,

= 0.95 × 49.727 = $47.241

The cost of a sixth printer is,

= 0.95 × 47.241 = $44.879

The cost of a seventh printer is,

= 0.95 × 44.879 = $42.635

The cost of an eight printer is,

= 0.95 × 42.635 = $40.50

The cost of a nineth printer is,

= 0.95 × 40.50 = $38.478

The cost of tenth printer is,

= 0.95 × 38.478 =  $36.554

The cost of the eleventh printer is,

= 0.95 × 36.554  = $34.726

Therefore,

The total cost of 11 printers is,

= $58 + $55.1 + $52.345 + $49.727 + $47.241 + $44.879 + $42.635 + $40.50 + $38.478 + $36.554 + $34.726 = $500.19.

Hence, The total cost of 11 printers is $500.19.

For more details refer to the link given below.

brainly.com/question/16048559

Answer 2

Answer:

$500.19 is the answer

Step-by-step explanation:

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