I just need questions 6 and 12 answer

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
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I just need questions 6 and 12 answer. 

**Mathematics - Practical Applications of Percentages**

**Problem 6:**
Kamir must make a 15% down payment on the purchase price of the $31,500 extended cab truck he is planning to buy. Find the down payment.

**Problem 8:**
Dante bought a truck that was on sale for $32,499 in a city that has a 7% sales tax and a 2% license fee.

(a) Find the sales tax and license fee Dante paid.

(b) Dante also bought an extended warranty for $1,600. Find the purchase price of the truck.

**Graph/Diagram Explanation:**
There are no graphs or diagrams in the image. The problems are text-based and focus on calculations involving percentages, specifically related to sales tax, license fees, and down payments in vehicle purchases.
Transcribed Image Text:**Mathematics - Practical Applications of Percentages** **Problem 6:** Kamir must make a 15% down payment on the purchase price of the $31,500 extended cab truck he is planning to buy. Find the down payment. **Problem 8:** Dante bought a truck that was on sale for $32,499 in a city that has a 7% sales tax and a 2% license fee. (a) Find the sales tax and license fee Dante paid. (b) Dante also bought an extended warranty for $1,600. Find the purchase price of the truck. **Graph/Diagram Explanation:** There are no graphs or diagrams in the image. The problems are text-based and focus on calculations involving percentages, specifically related to sales tax, license fees, and down payments in vehicle purchases.
**Exercise 12**

The purchase price of a flat-bed truck a contractor plans to buy is $39,999. In order to qualify for the loan on the truck, the contractor must make a down payment of 10% of the purchase price.

(a) **Find the down payment.**

(b) **Find the amount financed.**
Transcribed Image Text:**Exercise 12** The purchase price of a flat-bed truck a contractor plans to buy is $39,999. In order to qualify for the loan on the truck, the contractor must make a down payment of 10% of the purchase price. (a) **Find the down payment.** (b) **Find the amount financed.**
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