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? Round to the nearest cent.

b. How many more tax dollars does the state get than the city? Round to the nearest cent.

1) $19.33; $0.65

2) $19.33; $0.74

3) $19.33; $0.09

4) $19.30; $0.65

Question

Mathematics

Edwin Fitzpatrick

3 May, 11:10

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? Round to the nearest cent.

b. How many more tax dollars does the state get than the city? Round to the nearest cent.

1) $19.33; $0.65

2) $19.33; $0.74

3) $19.33; $0.09

4) $19.30; $0.65

+4

Answers (1)

Know the Answer?

America Gay · Answer 1

A) The equation will become: 18.50 (1.005) + 18.50 (0.04) = 19.3325

Which can be rounded to 19.33

b) 18.50 (1.04) - 18.50 (1.005) = 0.6475

Which can be rounded to 0.65

Therefore your answer is Number 1)