a university is planning a seminar series. seminar e, originally priced at $4,500 for all attendees, is now…

a university is planning a seminar series. seminar e, originally priced at $4,500 for all attendees, is now being offered with an 18% discount due to an endowment. seminar f, originally priced at $4,200 for all attendees, comes with a 16% discount because its being conducted by a renowned alumnus. choose the correct answer from each drop - down menu to complete the statement. to maximize their savings, the university should choose because it will cost less.
Answer
Answer:
First drop - down menu: Seminar E Second drop - down menu: $306
Explanation:
Step1: Calculate savings for Seminar E
Savings for E = $4500\times0.18=$810$
Step2: Calculate savings for Seminar F
Savings for F = $4200\times0.16=$672$
Step3: Compare savings
Since $810>672$, Seminar E has more savings.
Step4: Calculate cost difference
Cost difference = $810 - 672=$306$