# math

posted by
**AR** on
.

Shay settled on a price of $8,950 for a new car. The dealer had to

add 5% sales tax to this price, but allowed a $1,000 trade-in for

Shay's old car. Although not a universal practice, please add the

sales tax to the price of the new car first and then deduct the trade-

in value. If the dealer required a 22% down payment, calculate the

amount of the purchase price that Shay financed.