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aivan3 [116]
3 years ago
8

You started with $300, and you spent $115 on Jake. You also set aside money to cover the sales tax on $300. Now it's your turn t

o decide exactly what you will purchase with the money you have left. You calculated the costs and best prices for sheets, shoes, dressers, and peaches, but you didn't buy anything yet. Now it's time to make your purchases. Make a list of the things you will buy and how much each items cost. Explain your purchasing decisions
Mathematics
1 answer:
Lady_Fox [76]3 years ago
8 0

Answer:

Vehicle Sales Price $30,000

Trade-In Value ($5,000)

Rebate ($1,000)

Taxable Amount $24,000

Taxable Amount * 5% $1,200

Step-by-step explanation:

The vehicle sales price is the cash price of the vehicle including any up charges that increase the vehicle price. Taxable up charges include accessories, document fees, transportation fees, anti-theft devices, and more. The sales tax rate is always the rate charged in the purchaser's county of residence, as indicated by the address on the title.  

If the purchase was made out of state, the tax rate will be determined by the purchaser's county residence. Click for more info on out of state purchases.

For example, if someone from Converse County; 5% (6% from April 1, 2013 through November 30, 2015); purchases a vehicle in Denver (7%), the purchaser would pay 5% (6% April 1, 2013 to November 30, 2015).

Important: Wyoming law requires that a bill of sale must be presented to pay sales tax when a vehicle is purchased from a dealer. When a vehicle is purchased from an individual, no bill of sale is required.  

The amount of sales tax due depends on:

- Sales price of the vehicle, and

- The applicable sales tax rate

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