4. Tyrone Lambert purchases an AM/FM car radio for $79.99, an antenna for $18.50,and some wire for $3.35. The sales tax rate is 4.5%. What is the total. purchaseprice?5. At Save-More Market, Herbert Reynolds purchases a 10-lb hen at 89¢ per pound,nounds of pote ces for 109 a $4 70 box of taundry detergent a gallon of milkhe sales tax rate$7.99, and two baking pans aprice

The purchase price is the price paid to purchase the goods and service. It is the amount paid by the…

Answered: 4. Tyrone Lambert purchases an AM/FM…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Similar questions

A pawn shop owner buys a watch for 50$ and then sells it for 105$. What percent profit did the owner make on the sale of the watch?
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9. Rolland Hendricks purchases three flashlight batteries at $.89 each and two rolls of film at $1.99 each. He also has two rolls of film developed at $5.49 per roll. The sales tax rate is 3%. a. What is the total selling price? b. What is the sales tax?
George has chosen to buy a new car with a cost of $21, 760 before taxes. Find the cost of the car inclusive of HST. Enter a numeric value only, rounded to 2 decimals places. An answer of $100 should be entered as 100.00.
Mike purchases a bicycle costing $152.70. State taxes are 4% and local sales taxes are 2%. The store charges $20 for assembly. What is the total purchase price (in $)? (Round your answer to the nearest cent.)_____
Tom went to the store and bought two shirts for $50 each, socks for $10 and pants for $30. If the sales tax was 6%, what was the total purchase price? Round to the nearest cent (two decimal places). Your answer will look like this: 50.25 For your answer, do NOT include words, symbols, commas, etc.
6. The car of your dreams costs P 2000000 today. You have found a way to earn 15% tax free on an automatic purchase account. If you expect the cost of your dream car to increase by 10% per year, how much would you need to deposit in the automatic purchase account to provide for the purchase of the car 5 years from now? A. P 1601416 B. P 2497789 C. P 4022714 D. P 994353
You are in a car accident and your car is totaled. You find a new-to-you vehicle for $18,395 that you would like to buy. A) If the sales tax is 6.5% of the purchase price, what is the amount of the sales tax? B) With the sales tax, how much is the vehicle cost altogether? C) If the car license fee is 1.2% of the purchase price, find the amount of the license fee. D) If you were to make a down payment of $2500, find the amount of the loan that you would need. E) Assuming you get a loan for 4 years at an interest rate of 7.5% what amount would you need to borrow with the sales tax and license fee included? F) Taking the answer from E) what would your monthly payments be?
2. Mike purchases a bicycle costing $176.90. State taxes are 4% and local sales taxes are 3%. The store charges $20 for assembly. What is the total purchase price (in $)? (Round your answer to the nearest cent.) $
Rebecca bought a 91-day T-bill that has a simple interest rate of 1.15% p.a. and a face value of $10,000. a. How much did Rebecca pay for the T-bill? O $9,886.31 O $9,971.41 O $9.197.87

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4. Tyrone Lambert purchases an AM/FM car radio for $79.99, an antenna for $18.50, and some wire for $3.35. The sales tax rate is 4.5%. What is the total purchase price?