The original price of a 2003 Honda Insight to the dealer is $17,995, but the dealer will pay only $16,495. If the dealer pays Honda within 15 days, there is a 1% cash discount.
(a) How much is the rebate?
(b) What percent is the rebate? Round to nearest hundredth percent.
(c)What is the amount of the cash discount if the dealer pays within 15 days?
(d)What is the dealer’s final price?
(e) What is the dealer’s total savings? Round answer to the nearest hundredth.
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