Dana is purchasing a new car that costs $24,650. Although Dana will be financing her car, she must pay sales tax, title, and tag

Question

3 years ago

7

feed up front. If the sales tax rate is 3.5% and the title and tag fees total $376, what is the total amount that Dana must pay up front?

1 answer:

telo118 [61] · Answer 1 · 2022-03-17T18:39:58+03:00

Dana must pay $1238.75 upfront.

Step-by-step explanation:

Given,

Cost of car = $24,650

Sales tax = 3.5%

Amount of sales tax = 3.5% of cost of car

Amount of sales tax = $\frac{3.5}{100}*24650$

Amount of sales tax = $\frac{86275}{100}=\$862.75$

Amount of title and tag fees = $376

Total upfront amount = Amount of sales tax + Amount of title and tag fees

Total upfront amount = 862.75+376 = $1238.75

Dana must pay $1238.75 upfront.

Keywords: percentage, sales tax

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