5) Answer the question.
lggy wants to purchase a six-cylinder sports car that costs \( \$ 15,690 \). The dealer is offering either a \( \$ 3,500 \) instant rebate or \( 20 \% \)-off discount. Which incentive should lggy use to pay the lowest price for the car?
Step 1: Find the price after rebate.
\( \$ 12,490 \)
\( \$ 12,552 \)
\( \$ 12,190 \)
\( \$ 13,190 \)
Solution
Step 1 :Step 1: Find the price after instant rebate: \(15,690 - 3,500 = 12,190\)