N is an number you make up or your teacher so we need to know what n equals
Let the total cost of the item be represented by C and the price be represented by P, then given that t<span>he total cost of an item including sales tax is directly proportional to its price, thus</span>

where k is a constant.
Given that <span>the total cost of a $32 item is $33.60, thus

Therefore, the total cost on a $55 item is given by

</span>
Answer:$1304.89
Step-by-step explanation:
P(1 + r/n)^r*t
500 ( 1 + 0.08/52) ∧ 52*12
500 (1.00154)^624
500 ( 2.61)
1304.88523