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hammer [34]
2 years ago
14

The sales tax in mikes city is 8.25%. Mike buys a sweater for 49.95 and two pair of slacksfor 68.59 each and a suit for 429.99,

how much sales tax does mike owe?
Mathematics
1 answer:
BARSIC [14]2 years ago
7 0

Answer:

$50.91

Step-by-step explanation:

Let T represent the total cost of goods purchased.

Sale tax = 8.25% of total cost of good purchased.

Sales tax = 8.25% of T

Total cost T of goods mike purchased is;

a sweater for 49.95 = $49.95

and two pair of slacksfor 68.59 each = 2 × $68.59

and a suit for 429.99 = $429.99

T = 49.95 + 2(68.59) + 429.99

T = $617.12

And since;

Sales tax = 8.25% of T

Substituting T;

Sale tax = 8.25% of 617.12

Sales tax = 8.25/100 × $617.12

Sales tax = $50.91

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Answer:

P=40(1.03526)^{t}

Step-by-step explanation:

<u>Exponential Growth </u>

The natural growth of some magnitudes can be modeled by the equation:

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Where P is the actual amount of the magnitude, Po is its initial amount, r is the growth rate and t is the time.

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