Answer:
$4787.16
Explanation:
: Rocco is saving money to buy his first car. He works 15 hours each week and saves $10 for each hour he works. Rocco has already saved $3,500 and plans to save at least $5,300. He knows there will be an 8.5% sales tax on the purchase price of the car and a title transfer fee of $15. He will use the formula below to determine his gas mileage, y, in miles per gallon, from the number of miles m, the car can be driven using g gallons of gas.
y = m / g
Q: Rocco will need to pay a total of $5,246.87 for the car, including the sales tax and transfer fee. To the nearest dollar, what is the purchase price of the car Rocco plans to buy?
The above will be the full version of the question, from the internet
solution
since he will pay a total of $5,246.87 for the car
we will deduct the transfer fee from the total pay
$5,246.87-$15.0
$5231.87
($5231.87)(1-0.085)
for tax deduction
after tax deduction, the purchase price of the car Rocco plans to buy is $4787.16
