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URGENT!!!

Stephen has been saving money to buy a new car. The new car costs $19,820.00. He has to pay 17.25% in taxes based off the cost of the car. If he also purchases an extended warranty for $1,100.00, what is a reasonable estimate for the total price of the car? PLEASE HELP! THANKS!

User Nexxas
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1 Answer

3 votes

Answer: Total cost =$24338.95

Explanation:

The new car costs $19,820.00.

He has to pay 17.25% in taxes based off the cost of the car. This means 17.25% of $19,820.00

=(17.25/100)×19,820.00

=0.1725 ×19820.00 = $3418.95

Cost of taxes = $3418.95

If he also purchases an extended warranty for $1,100.00

Cost of taxes plus extended warranty

= $3418.95 + $1,100.00 = $4518.95

what is a reasonable estimate for the total price of the car? This means the actual cost of the new car + Cost of taxes + cost of extended warranty.

Total cost = $19,820.00 +$3418.95 + $1,100.00= $24338.95

User Lojza
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