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10 September, 07:05

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!

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  1. 10 September, 08:12
    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
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