Question

Mrs. Chan buys a new car for $21,000. She pays a sales tax of $0.06 for every $1. She pays a property tax of $16.80 on every $1,000 of the value. If the property tax is paid once a year, what are the total taxes on the car for the year?

Answer 1

Answer:

$1612.80

Step-by-step explanation:

Sales Tax would be 0.06 * 21,000 = $1260

Property Tax:

16.80 for every 1000, so how many "1000"s are there in 21,000? Simple, 21 of them.

So the property tax would be 16.80 * 21 = $352.80

Hence, total taxes (for the year) = 1260 + 352.80 = $1612.80