Use purchase price (in $) for the item. (Round your answers to the nearest cent.) o determine the sales tax (in $) and calculate the total Selling Sales Total Item Price Tax Purchase Price Candy bar $0.69 $ 2$
Use purchase price (in $) for the item. (Round your answers to the nearest cent.) o determine the sales tax (in $) and calculate the total Selling Sales Total Item Price Tax Purchase Price Candy bar $0.69 $ 2$
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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Question
100%
Transcribed Image Text:6,% SALES TAX BRACKETS
Amount of Sale
Таx
Amount of Sale
Tax
Amount of Sale
Тax
Amount of 5ale
Таx
.10-
.16-
.31-
.47-
.62-
-רר.
.93-
.15
.30
.46
.61
.76
.92
1.07
.01
.02
.03
.04
.05
.06
.07
5.08-
5.24-
5.39-
5.54-
5.70-
5.85-
6.10-
5.23
5.38
5.53
5.69
5.84
6.09
6.15
.34
.35
.36
.37
.38
.39
.40
10.10- 10.15
10.16- 10.30
10.31- 10.46
10.47- 10.61
10.62- 10.76
10.77- 10.92
.66
.67
.68
.69
.70
15.08- 15.23
15.24- 15.38
15.39- 15.53
15.54- 15.69
15.70- 15.84
15.85- 16.09
.99
1.00
1.01
1.02
1.03
1.04
.71
1.08-
1.24-
1.39-
1.54-
1.70-
1.85-
1.23
1.38
1.53
1.69
1.84
2.09
.08
.09
.10
.11
.12
.13
6.16-
6.31-
6.47-
6.62-
6.77-
6.93-
6.30
6.46
6.61
6.76
6.92
7.07
10.93- 11.07
11.08- 11.23
11.24- 11.38
11.39- 11.53
11.54- 11.69
11.70- 11.84
11.85- 12.09
.72
.73
.74
.75
.76
.77
.78
16.10- 16.15
16.16- 16.30
16.31- 16.46
16.47- 16.61
16.62- 16.76
16.77- 16.92
16.93- 17.07
1.05
1.06
1.07
1.08
1.09
1.10
1.11
.41
.42
.43
.44
,45
.46
12.10- 12.15
12.30
.79
.80
.81
.82
.83
.84
17.08- 17.23
17.24- 17.38
17.39- 17.53
17.54- 17.69
17.70- 17.84
17.85- 18.09
1.12
1.13
1.14
1.15
1.16
1.17
2.10-
2.15
.14
.15
.16
.17
.18
.19
7.08-
7.24-
7.39-
7.54-
7.70-
7.85-
23.ר
7.38
7.53
7.69
7.84
8.09
.47
2.30
2.31- 2.46
2.47-
12.16-
12.31- 12.46
12.47- 12.61
12.62- 12.76
12.77- 12.92
2.16-
.48
.49
.50
.51
.52
2.61
2.62-
2.76
2.77-
2.92
12.93
2.93-
3.08-
3.24-
3.39-
3.54-
3.70-
3.85-
3.07
3.23
3.38
3.53
3.69
3.84
4.09
.20
.21
.22
.23
.24
.25
.26
8.10-
8.16-
8.31-
8.47-
8.62-
8.77-
8.93-
8.15
8.30
8.46
8.61
8.76
8.92
9.07
.53
.54
.55
.56
.57
.58
13.07
13.08- 13.23
13.24- 13.38
13.39- 13.53
13.54- 13.69
13.70- 13.84
13.85- 14.09
.85
.86
.87
.88
.89
.90
.91
18.10- 18.15
18.16- 18.30
18.31- 18.46
18.47- 18.61
18.62- 18.76
18.77- 18.92
18.93- 19.07
1.18
1.19
1.20
1.21
1.22
1.23
1.24
.59
14.10- 14.15
14.16- 14.30
14.31- 14.46
14.47- 14.61
14.62- 14.76
14.77- 14.92
14.93- 15.07
.92
.93
.94
.95
.96
.97
.98
19.23
19.24- 19.38
19.39- 19.53
19.54- 19.69
19.70-
1.25
1.26
1.27
1.28
1.29
1.30
19.08-
4.10-
4.16-
4.31-
4.47-
4.62-
4.77-
4.93-
4.15
4.30
4.46
4.61
4.76
4.92
5.07
.27
.28
.29
.30
.31
.32
.33
9.08-
9.23
9.24-
9.38
9.39-
9.53
9.54-
9.69
9.70-
9.84
9.85- 10.09
.60
.61
.62
.63
.64
.65
19.84
19.85- 20.09
Transcribed Image Text:o determine the sales tax (in $) and calculate the total
purchase price (in $) for the item. (Round your answers to the nearest cent.)
Use
Selling
Sales
Total
Item
Price
Таx
Purchase Price
Candy bar
$0.69
$4
2$
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