Duncan is considering a loan to purchase a car. He has saved $2,000 and is considering a used car that costs $12,000. The sales tax rate is 8%, and the fees are $500. How much will Duncan need to borrow?

A) $10,800

B) $10,960

C) $11,460

D) $12,960

Question

Mathematics

Bishop

27 October, 11:46

Duncan is considering a loan to purchase a car. He has saved $2,000 and is considering a used car that costs $12,000. The sales tax rate is 8%, and the fees are $500. How much will Duncan need to borrow?

A) $10,800

B) $10,960

C) $11,460

D) $12,960

+1

Answers (2)

Know the Answer?

Nathen Hood · Answer 1

I think the answer is Cthat what i think

Bianca · Answer 2

its C) 11,460

Step-by-step explanation:

you have to multiply 12,000 by the tax rate which is 960. So then you add them up and its 12,960 plus the 500 of the fees which is 13,460. Finally you subtract 13,460 by 2,000 and its C) 11,460

Duncan is considering a loan to purchase a car. He has saved $2,000 and is considering a used car that costs $12,000. The sales tax rate is 8%, and the fees are $500. How much will Duncan need to borrow?A) $10,800B) $10,960C) $11,460D) $12,960

Duncan is considering a loan to purchase a car. He has saved $2,000 and is considering a used car that costs $12,000. The sales tax rate is 8%, and the fees are $500. How much will Duncan need to borrow?

A) $10,800

B) $10,960

C) $11,460

D) $12,960