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The extended warranty on a $960 dishwasher is 21% of the purchase price and lasts for eight years. What is the effective cost per year of the extended warranty?

a.

$28.80

b.

$45.20

c.

$23.78

d.

$25.20

Verified Answer :

Answer

Find out the what is the effective cost per year of the extended warranty .

To proof

As given

The extended warranty on a $960 dishwasher is 21% of the purchase price and lasts for eight years.

21% is written in the decimal form

@@MATH_TOKEN_0@@

= 0.21

effective cost for  the extended warranty = 0.21 × 960

                                                                      = $ 201.6

\(Effective\ cost\ per\ year = \frac{201.6}{8}\)

                                                = $25.2

Therefore the

effective cost per year of the extended warranty be $25.2

Option (d) is correct .

Hence proved

Answer:$25.20

Step-by-step explanation: