11
QuizMultiple Choice

Warranties

Question 11 • 26-27 Ignite Financial Literacy Personal Finance - EL3403

A set of floor speakers costs $466. If the extended warranty on the speakers costs 32% of the price of the speakers, how much does the extended warranty cost?

Answer
A
$149.12
B
$145.63
C
$107.18
D
$123.52

Explanation

Find 32% of the speakers’ $466 price: 0.32 × 466 = $149.12. Therefore, the extended warranty costs $149.12, which is choice A.

AI-written and checked against the verified answer.

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