The amount of down payment is $1368.08.
We add the fees to the price of the vehicle:
15000+450+275 = 15725.
We take 100% of this number and add an additional 8.75% sales tax; 100+8.75 = 108.75; 108.75% = 108.75/100 = 1.0875:
1.0875(15725) = 17100.94
He paid 8% of this total as a down payment; 8% = 8/100 = 0.08:
17100.94*0.08 = 1368.08
Answer:
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Answer:
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