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) The final price of the computer after the discount from the better incentive has been applied is
The first incentive offers a 25% discount on all desktops with a regular price of $200 or more. The regular price of the desktop computer is $299, so the discount amount is:
25% of $299 = $74.75
Therefore, the first incentive reduces the price of the computer by $74.75.
The second incentive offers a $70 rebate on any purchase of $200 or more. Since the regular price of the computer is $299, it qualifies for the rebate.
Therefore, the second incentive reduces the price of the computer by $70.
To determine which incentive offers the better discount, we compare the reduction amount from each incentive.
The first incentive reduces the price by $74.75, and the second incentive reduces the price by $70.
Since $74.75 is a greater reduction than $70, the first incentive offers the better discount.
To find the final price of the computer after the discount has been applied, we subtract the reduction amount from the regular price:
Final price = Regular price - Reduction amount
= $299 - $74.75
= $224.25
Therefore, the final price of the computer after the better incentive has been applied is $224.25.