Nate Shermach found a two-year-old luxury car advertised for $31,175. Its average retail value is $30,963. It has aluminum alloy wheels valued at $300 and a theft recovery system valued at $89, but it does not include a CD player, which is valued at $100. The car has been driven 47,005 miles. The used-vehicle guide indicates that if the car's mileage is between 46,000 and 51,000 miles, $750 should be deducted. What is the average retail price for this vehicle?

Question

Lilyana

Mathematics

26 June, 19:40

Nate Shermach found a two-year-old luxury car advertised for $31,175. Its average retail value is $30,963. It has aluminum alloy wheels valued at $300 and a theft recovery system valued at $89, but it does not include a CD player, which is valued at $100. The car has been driven 47,005 miles. The used-vehicle guide indicates that if the car's mileage is between 46,000 and 51,000 miles, $750 should be deducted. What is the average retail price for this vehicle?

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Blackie · Answer 1

It looks like you would take the average retail value of 30,963, add the value of the wheels (300) and theft recovery system (89), and deduct 750. So: 30,963 + 300 + 89 - 750 = 30,602. Does that look right to you?