The list price of a car is $17,500. By purchasing a combination of luxury items, the cost can increase by as much as 25%. How much could the car cost with all the extras?

What is 17,500(1.25)?

The equation V = -2000t + 20,000 describes the value in dollars of a certain model of car after it is t years old. If a car is worth $14,000, find the age of the car

To find the cost of the car with all the luxury items, we need to calculate the price increase of 25% and then add it to the list price of $17,500.

To calculate the price increase, we can use the formula:

Price increase = List price × (Percentage increase / 100)

In this case, the list price is $17,500 and the percentage increase is 25%.

Price increase = $17,500 × (25 / 100)
Price increase = $17,500 × 0.25
Price increase = $4,375

Now, we can add the price increase to the list price to find the total cost of the car with all the luxury items:

Total cost = List price + Price increase
Total cost = $17,500 + $4,375
Total cost = $21,875

Therefore, the car could cost $21,875 with all the luxury items.