Suppose that the local sales tax rate is 6.25% and you purchased a used car for $16,800. How much tax is paid?

Question

Suppose that the local sales tax rate is 6.25% and you purchased a used car for $16,800. How much tax is paid?

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Alexandra 2 weeks 2021-10-01T16:01:47+00:00 1 Answer 0 views 0

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    2021-10-01T16:03:19+00:00

    Step-by-step explanation:

    Total= Car Cost + (Car Cost * Tax %)

    Total= $16,800 + ($16,800 * 6.25%)

    convert % to decimal form; divide % by 100

    Total= $16,800 + ($16,800 * 0.0625)

    multiply inside parentheses

    Total= $16,800 + $1,050

    Total= $17,850

    ANSWER: The total cost for the used car with tax is $17,850.

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