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Aleks04 [339]
3 years ago
15

The tax rate on a used car in Overshoe County is 7 percent. What is the sales tax on a sport utility with a selling price of $15

,000?
Mathematics
2 answers:
irga5000 [103]3 years ago
7 0

Answer 1050

Step-by-step explanation: Multiply  

Bogdan [553]3 years ago
4 0

Answer:

$1050

Step-by-step explanation:

The total is 15000 and 7 percent of that is 1050

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nadezda [96]

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Answer:

  maybe not

Step-by-step explanation:

Consider a couple of scenarios for a $20,000 car purchase and a $2000 rebate, with sales tax at 10%.

1) The rebate is applied directly to the purchase price.

  Taxable amount: $20,000 -2,000 = $18,000.

  Price with tax: $18,000 × 1.10 = $19,800

  Amount financed: $19,800.

__

2) The rebate is given after the sale is complete.

  Taxable amount: $20,000

  Price with tax: $20,000 × 1.10 = $22,000

  Amount financed: $22,000

  Remaining loan balance if $2000 rebate is immediately applied to the loan: $22,000 -$2000 = $20,000

__

If the loan is for 5 years at 3%, the payments and total costs are ...

  Scenario 1: Monthly payment $355.78;

     total cost of loan: 60×355.78 = 21,346.80

  Scenario 2: Monthly payment $395.31;

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Ted effectively has to finance an additional $200, equal to the sales tax on the rebate. So the delayed rebate costs him an extra $395.25 over the life of the loan.

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We have assumed certain tax and payment scenarios. If tax is not an issue, and if the loan terms are such that the rebate can be applied immediately to the loan amount, then <em>there may be no difference in total cost</em>, or the delayed rebate may result in a <em>lower</em> total cost due to the higher monthly payment.

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2 years ago
Which values of a, b, and c represent the answer in simplest form 9/11 divided by 5/11
Elenna [48]

Answer:

1 4/5

Step-by-step explanation:

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