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Automobile Salesperson

Real-Life Activities

Real-Life Math -- Solution

You offer the customer a seat in the sales office and pull out your calculator. After punching in a couple of numbers, you stand up, shake the customer's hand and tell him he has a deal. Here's what you did:

0.07 x 14,500 = 1,015

To qualify for the minimum down payment -- 7 percent of $14,500 -- your customer had to be prepared to pay $1,015 as a down payment. With $2,000, he has more than enough.

"Fortunately, most of this is computerized now, which makes it pretty easy," says Blair Qualey. Qualey is the president of an automobile dealers' association. "But as somebody is working with a salesperson, most dealers use a worksheet which is often hand-done, where they put in the numbers and calculations. But, fortunately, calculators are always close at hand."


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