<u>Solution-</u>
Let's assume, the rate of interest of $8000 is x%,
then the rate of interest of $17000 is (x+0.3x) =1.3x%
Interest earned by $8000,
Interest earned by $17,000,
According to the question,
∴ Rate of interest of $8000 is 1.96% and rate of interest of $17000 is (1.3×1.96) =2.55%
Answer:
$23,985.00
Step-by-step explanation:
Initial cost of the car is $22,000.00
The option he chooses add $625.00 to initial cost
The car license and registration add up to $40.00
Sales tax is 6%
Sales tax = × $22,000.00 = $1320.00
Total cost of the car = $22,000.00 + $625.00 + $40.00 + $1320.00 = $23,985.00