A dog trainer purchases a car for $27,500. (Round your answers to the nearest cent. See Example 2 in this section.) (a) The sales tax is 7.75% of the purchase price. Calculate the sales tax (in dollars). $ (b) The registration and license fee is 0.8% of the purchase price. What is the registration and license fee (in dollars)? $ (c) If the trainer makes a down payment of $4,000 and gets a loan for the purchase price, sales tax, and registration fee at an interest rate of 3.5% compounded monthly for 5 years, what is the monthly car payment (in dollars)? $

Q: Richard Miyashiro purchased a condominium and obtained a 20-year loan of $194,000 at an annual…

A: Richard Miyashiro purchased a condominium and obtained a 20-year loan of $194,000 at an annual…

Q: You want to buy a house. Like most people, you may not have enough money to pay cash for the house.…

A: Here monthly alary is given and we need to find the maximum mortgage amount

Q: Solve the problem using 6.2%, up to $128,400 for Social Security tax and using 1.45%, no wage limit,…

A: Gross earning per year = $139,500 It is given Social Security tax = 6.2 % of gross earnings up to…

Q: You want to buy a $180,000 home. You plan to pay 15% as a down payment, and take out a 30-year loan…

A: Since you have posted a multi subparts question according to guildlines I will solve first three…

Q: An auto parts store sells for $300,000 and a 30% down payment is made. A 20 -year mortgage…

A: Given An auto parts store sells for $300,000 and a 30% down payment is made. A 20-year mortgage at…

Q: Jenelle bought a home for $340,000, paying 12% as a down payment, and financing the rest at 5.4%…

A:

Q: Marlene Silva wishes to have an IRA that will be worth $100,000 when she retires at age 65. (Round…

A:

Q: Suppose the movie theatre box office of a new film to be released is predicted to follow a Normal…

A:

Q: r. Berber owns ond that pays interest at an : hich expression below

A: In this question, the annual rate of interest is converted into a quarterly rate of interest.

Q: Suppose that you want to purchase a home for $195,000, with a 20-year mortgage at 7.5% interest.…

A: Price of home: $195000 Rate of interest: 7.5% Down payment : 20% Year of mortgage: 20 years Note: We…

Q: An article selling for $600 was discounted 35%. (a) What was the amount of the discount? $ (b)…

A: Given: Selling Price=$60  Percentage Discounted=35%

Q: Suppose that you decide to buy a car for $25,767, including taxes and license fees. You saved $8000…

A: a)The cost of buying a car is $25,767 of which $8000 is saved as the down-payment.Therefore, the…

Q: Total plasma volume is important in determining the required plasma component in blood replacement…

A: Given Information: Sample size (n) = 50  Mean value (x) = 37.5 ml/kg Standard Deviation (s) = 7.20…

Q: 3. A restaurant bill is $59 and you pay $72. What percentage gratuity did you pay

A:

Q: The purchase price of a condominium is $123,000. A down payment of 25% is made. The bank charges…

A: The given details are as follows. Purchase price=$123000Down payment=25% of the purchase priceBank…

Q: An Individual Retirement Account (IRA) is an account in which the saver does not pay income tax on…

A: 1. Deposit required at age 37: $9,587.302. Monthly interest payment at age 65: $697.92 These…

Q: Suppose that you borrow $12,000 for three years at 5% toward the purchase of a car. Use PMT= to find…

A:

Q: Someone needs to borrow $15,000 to buy a car and the person has determined that monthly payments of…

A: Given Borrowed amount is $15000 Affordable monthly payment is $300 monthly. Now, total money taken…

Q: For the car loan described, give the following information. A newspaper advertisement offers a…

A: Loan amount = $9000 Number of payments = 36 Monthly payment = $332.50 (a) Obtain the amount to be…