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9 October, 20:19

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

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Answers (1)
  1. 9 October, 20:44
    0
    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)
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