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11 July, 09:53

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

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  1. 11 July, 10:00
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    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
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