Fill This Form To Receive Instant Help
Fill This Form To Receive Instant Help
Homework answers / question archive / Suppose that the local sales tax rate is 4%4% and you purchase a car for $13,600$13,600
Suppose that the local sales tax rate is 4%4% and you purchase a car for $13,600$13,600.
a. How much tax is paid?
b. What is the car's total cost?
Given data
a)
The expression for the tax amount.
At=Pp×rAt=Pp×r
Substitute the known values.
At=$13600×0.04=$544At=$13600×0.04=$544
b)
The expression for the total cost of the car.
Tc=Pp+AtTc=Pp+At
Substitute the known values.
Tc=$13600+$544=$14144
