warren is going to use the $26,200 in his savings account to buy a new car. The car he plans to buy costs $24,244.33 plus sales tax, which is 4 1/4%(fractions (0.0425). How much money will warren have in his account after buying the car and paying the sales tax?
The School Subject is definitely NOT 8th grade. If it is math, state that and you will get better help faster.
Sra
$26,200 - $24,244.33 - .0425($24,244.33) = ?
To calculate the total amount Warren will have in his account after buying the car and paying the sales tax, follow these steps:
Step 1: Find the amount of sales tax
Multiply the cost of the car ($24,244.33) by the sales tax rate (0.0425):
Sales tax = $24,244.33 x 0.0425
Step 2: Calculate the total cost of the car including sales tax
Total cost = Cost of the car + Sales tax
Step 3: Subtract the total cost from Warren's savings to find the remaining amount
Remaining amount = Warren's savings - Total cost
Let's calculate each step:
Step 1:
Sales tax = $24,244.33 x 0.0425
Sales tax = $1,030.66 (approximately)
Step 2:
Total cost = $24,244.33 + $1,030.66
Total cost = $25,274.99 (approximately)
Step 3:
Remaining amount = $26,200 - $25,274.99
Remaining amount = $925.01 (approximately)
Therefore, Warren will have approximately $925.01 remaining in his account after buying the car and paying the sales tax.