Question

You are buying a new car. The price (MSRP) is $16,995. You are trading in your old car which is valued by the dealer at $5,500 (this is money taken off your new car price). Sales tax is 7%. What is the cost of the new car after your trade in? *

Answer 1

The answer is $12,360.22(rounded)

16,995-5,500= 11,495
11,495+7%= 12,360.2151

Hope this helps!! :)