Answer:
![300\leq (p-100)*1.08 \leq 500](https://img.qammunity.org/2021/formulas/mathematics/high-school/5hpbxa83ws290n4lbxykfuuslmyw1f6hja.png)
Explanation:
This would be the compound inequality formula for the given situation. This is because Nate is planning on spending somewhere between 300 and 500 dollars. Therefore the price (represented by the variable p) needs to be greater than or equal to 300 but at the same time less than or equal to 500. But this is after the rebate and sales tax have been calculated into the laptop's price. Which in this scenario, the rebate needs to be applied first and then the sales tax is applied after as 1.08 in order to apply the 8% onto the price itself.