Question

You buy a new car for $26,990. If the tax rate is 12%, how much did you pay for your new car?

Answer 1

The total cost of the car, including tax, is $30,228.80. Please use the explanation below to help you remember the steps.

Explanation:

First, calculate the tax amount by multiplying the cost of the car by the tax rate:

26990 x 0.12 = 3238.8

Then, add the tax amount to the cost of the car to find the total cost:

26990 + 3238.8 = 30228.8

So, the total cost of the car, including tax, is $30,228.80.