Consider the following two monetary incentives when purchasing a desktop computer at the regular price of $299
• 25% Off All Desktops with Regular Price of $200 or More.
• $70 Rebate on Any Purchase of $200 or More.
Find the final price of the better incentive, after the discount has been applied. Round the answer to two decimal places. (1 point)
To find the final price of the better incentive, we need to compare the discounts offered by each incentive.
1. 25% Off All Desktops with Regular Price of $200 or More:
The regular price of the desktop computer is $299. Since it is more than $200, we can apply a 25% discount.
Discount = 25% * $299 = $74.75
Final price = $299 - $74.75 = $224.25
2. $70 Rebate on Any Purchase of $200 or More:
The regular price of the desktop computer is $299. Since it is more than $200, we can apply a $70 rebate.
Final price = $299 - $70 = $229
Therefore, the better incentive results in a final price of $224.25.