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Kia Soul Is Sold at an MRSP of $18 500

Question 140

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Kia Soul is sold at an MRSP of $18 500. In May 2013, Kia offered two incentives to its customers. The first incentive was cash back of $2000 on the final sale price, which includes 13% HST. The other one was no HST MRSP. Which incentive resulted in lesser cost to the customer?

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In the first incentive, the total cost t...

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