Paula bought a new flotation tank for $8,000. She must pay 5% sales tax and 7% excise tax. The company is shipping the tank, so Paula must also pay a $15 insurance charge. What's the total purchase price

asked Nov 21, 2019 197k views

5 votes

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6 votes

Answer:

D. $8,975

Explanation:

8,000 x 5% = 400

8,000 x 7% = 560

8,000 + 400 + 560 + 15 = 8,975

Mahesh Patil answered Nov 23, 2019

5.3k points

3 votes

$8000 + 5%×$8000 + 7%×$8000 + $15
= $8000 + $400 + $560 + $15
= $8975

The appropriate choice is
D. $8975

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