The original price of a shirt is $16.00. The price of the shirt is discounted by 20%, then a 4% sales tax is added.
What is the FINAL price of the shirt after the discount is taken and the tax is added? Round to the nearest penny.
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Final price of the shirt = $
Final price of the shirt after 20% discount = $16.00 - (0.20 * $16.00) = $16.00 - $3.20 = $12.80
Final price of the shirt after 4% sales tax = $12.80 + (0.04 * $12.80) = $12.80 + $0.51 = $13.31
The final price of the shirt after the discount is taken and the tax is added is $13.31.