We invest $3500 in an account that pays simple interest of 4% each year. How much interest is earned after 10 years?
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The total amount paid for vase is $ 41
<em><u>Solution:</u></em>
Given that
Cost of vase = $ 34.99
Shipping charge = 3 dollars
Sales tax = 8.25 % was paid on the subtotal which included the shipping charge
To find: total amount paid for vase
total amount paid for vase = Cost of vase + Shipping charge + sales tax
Let us first find the sales tax
Given that 8.25 % was paid on the subtotal which included the shipping charge
Subtotal = 34.99 + 3 = 37.99
So 8.25 % of 37.99 was paid as sales tax
Therefore sales tax amount paid = $ 3.1341
total amount paid for vase = Cost of vase + Shipping charge + sales tax
total amount paid for vase = 34.99 + 3 + 3.1341 = 41.1241 ≈ 41
Therefore total amount paid for vase is $ 41