You want to buy a used car for $8648.00 plus 4.7% sales tax you want to make a 5% down payment how much us your down payment

Question

You want to buy a used car for $8648.00 plus 4.7% sales tax you want to make a 5% down payment how much us your down payment

Answer 1

The sales tax on $8648.00 is:

$8648.00 x 0.047 = $407.56

So the total cost including tax is:

$8648.00 + $407.56 = $9055.56

To make a 5% down payment, we need to multiply the total cost by 0.05:

$9055.56 x 0.05 = $452.78

So the down payment is $452.78.