Suppose You Want to Get "Plugged In" and Buy an All-Electric

question 182

Multiple Choice

Suppose you want to get "plugged in" and buy an all-electric Tesla Model S (see the photo above) ,the world's leading all-electric,zero-emission car that has a 265-mile range and can be recharged in three hours.The Tesla Model S Performance model has a list price of $87,500.However,you want several options (Performance Plus Package,red multi-coat armor paint,Tech package,Sound Studio Package,home charging station,performance wheels,and others) that will cost $17,500.An extended warranty will add an additional $5,000.However,if you put $50,000 down now and finance the balance over the next year,you will receive a dealer rebate of $5,000 off the list price.The dealer will give you a $7,000 trade-in allowance for your 2008 Honda Civic DX four-door sedan.In addition,you will have to pay a state sales tax of $10,000,an auto registration fee of $1,000 to the state,and a $1,000 destination charge to ship and prep the car.But because the Tesla Model S is an alternative energy vehicle,you qualify for a $2,500 state rebate and a $7,500 federal tax credit! Finally,your total finance charge is $7,000.Applying the price equation,what is your final price for the Tesla Model S?

• A)$57,000
• B)$68,000
• C)$87,500
• D)$107,000
• E)$151,000

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Definitions:

Ostracism

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A personality characteristic involving exaggerated feelings of self-importance, a need for admiration, and a lack of empathy.

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Challenges or problems encountered in romantic, familial, or other personal associations.

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A problem occurring during any phase of the sexual response cycle, preventing the individual or couple from experiencing satisfaction from sexual activity.