Ask Question
25 April, 02:37

Stephen has been saving money to buy a new car. The new car costs $21,920.00. He has to pay 17.25% in taxes based off the cost of the car. If he also purchases an extended warranty for $1,200.00, what is a reasonable estimate for the total price of the car?

sorry the numbers were mixed up!

+1
Answers (1)
  1. 25 April, 04:26
    0
    The total price of the car is $26901.20

    Step-by-step explanation:

    It is given that,

    The cost of the new car = $21,920.00 The tax percent for the cost of the car = 17.25% He also purchases an extended warranty for the car = $1,200.00

    To find the total price of the car:

    Total Price = cost of the car + Tax cost + warranty cost.

    The cost of the car and warranty cost are already given. So, we need to calculate the Tax amount paid for the car.

    Tax amount = 17.25% of $21,920.00

    ⇒ 17.25/100 * 21,920.00

    ⇒ 0.1725 * 21,920

    ⇒ 3781.2 dollars.

    Therefore, the cost of tax is $3781.2

    Now, coming to the total price of the car,

    Total Price ⇒ 21,920.00 + 3781.20 + 1200.00 = 26901.20 dollars.

    The total price of the car is $26901.20
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Stephen has been saving money to buy a new car. The new car costs $21,920.00. He has to pay 17.25% in taxes based off the cost of the car. ...” in 📘 Mathematics 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