Matt Kaminsky bought a Volvo that is 33∕4 times as expensive as the car his parents bought. If his parents paid $8,000 for theirs, what is the cost of Matt's car?
The method of solution is as follows: Since his parents bought the car for $ 8,000, and he bought a car with a 33/4 more expensive than their parents, you have the amount of 8000 multiplied by 33/4. After multiplication will give the outcome of $ 66,000.