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27 votes
27 votes
Jenise is buying a car for $7,020. The TAVT rate is 9.1%.

What is the amount of tax that Jenise will have to pay on her car?

User John Lockwood
by
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1 Answer

19 votes
19 votes

Answer:

$7,658.82

Step-by-step explanation:

Sales Tax Calculations:

Sales Tax Amount = Net Price x (Sales Tax Percentage / 100)

Total Price = Net Price + Sales Tax Amount

Net Price: $ 7,020.00

+Sales Tax (9.1%): $ 638.82

Total Price: $ 7,658.82

Therefore, the amount of tax that Jenise has to pay on her car is $7,658.82

User Slyper
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2.9k points