Solve If Needed, Round Money Amounts to Two Decimal Places

question 82

Multiple Choice

Solve. If needed, round money amounts to two decimal places and all other amounts to one decimal place.
-An automobile dealership recently reduced the price of a used sports car by 14%. If the price of the car was $25,600.00, find the sale price.

• A) $3584.00
• B) $22,016.00
• C) $25,241.60
• D) $358.40

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Definitions:

Customer Lifetime Value

A prediction of the total value a business will derive from their entire relationship with a customer, emphasizing the long-term importance of customer satisfaction and loyalty.

Acquisition

The process where one company purchases another company or its assets.

Brand Equity

The value and strength a brand possesses that is built over time through consumer experiences, perceptions, and associations relative to competing brands.

Brand Extension

The process of broadening the use of an organization’s current brand to include new products.