Ask Question
BusinessBusiness
5 August, 02:33

A music store charges $18.50 for a CD plus a 0.5% city tax and a separate 4% state tax. a. How much will you pay for the CD

+1
Answers (1)
  1. 5 August, 06:08
    0
    we pay for the CD is $19.33

    Explanation:

    given data

    CD charge = $18.50

    city tax = 0.5%

    state tax = 4%

    solution

    we pay for the CD with combine of all charge as

    Price of CD = charges + city tax + state tax ... 1

    put here value we get, Price of CD that is

    Price of CD = $18.5 + (0.5% * $18.50) + (4% * $18.50)

    Price of CD = $18.5 + $0.0925 + $0.74

    Price of CD = $19.3325

    so we pay for the CD is $19.33
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A music store charges $18.50 for a CD plus a 0.5% city tax and a separate 4% state tax. a. How much will you pay for the CD ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Milner Developers proposed an offer to Henry Wright, an independent contractor, offering to hire him for their next project.
Answers (2)
The diagram shows the three-step process by which economic policy is created.
Answers (1)
Information on Shonda Company's overhead costs follows: Actual variable overhead $95,000 Actual fixed overhead $28,000 Standard hours allowed for actual production 30,000 Standard variable overhead rate per direct labor hour $3.
Answers (1)
High school dropouts are at an increased risk for unemployment. True False
Answers (2)
Monopolistic competitors in the food industry will often include a recyclable symbol on packaging used for their product as a means to
Answers (1)
New Questions in Business
What is the inventory turnover ratio for ABC Corp. if cost of goods sold equals $5,000, current ratio equals 3, quick ratio equals 1.5, and the firm has $1,800 in current assets
Answers (1)
Jeff went shopping last Monday and almost bought an item for $50. He decided against making the purchase because he did not like the trade-offs. What kept Jeff from making the purchase? The item was too expensive.
Answers (1)
The Australian Shepherds reputation in the United States is growing rapidly. Most often the dog is called an Aussie. Aussies's are fast, strong, and highly intelligent dogs.
Answers (1)
When choosing a career, you should review the to find out whether or not there will be a demand for this profession in the years ahead. Check the academic requirements. Also check to determine whether the job will match the lifestyle you want.
Answers (1)
The Miller Company earned $99,000 of revenue on account during Year 1. There was no beginning balance in the accounts receivable and allowance accounts. During Year 1, Miller collected $70,000 of cash from its receivables accounts.
Answers (1)
Home » Business » A music store charges $18.50 for a CD plus a 0.5% city tax and a separate 4% state tax. a. How much will you pay for the CD
Sign Up Forgot Password?