A doctor's office is buying new furniture for the waiting room. The list price for the furniture is $4825. The doctor is eligible for an 18% discount rate on the furniture. What is the net price the doctor will pay? Round your answer to the nearest cent.

Question

A doctor's office is buying new furniture for the waiting room.  The list price for the furniture is $4825.  The doctor is eligible for an 18% discount rate on the furniture.  What is the net price the doctor will pay?  Round your answer to the nearest cent.

anonymous · Answer

Net price = list price - discount
= ($4825)(.18)
=$868.5

=$4825-$868.5

=$3956.5