Joe has $10,000 to purchase a used car. If the sales tax is 7% and the fee for title and license plates is $200, what is the maximum amount Joe can spend for a car?
$9,158.88 <- I think this one is
$5,764.70 right.
$9,345.79
$9,532.71
Right.
Thank you Ms. Sue!!!
You're welcome, Tammy.
To find the maximum amount Joe can spend for a car, we need to subtract the sales tax and the title/license plate fee from Joe's budget.
First, let's calculate the sales tax amount:
Sales tax = (7% * $10,000) = $700
Next, let's subtract the sales tax from Joe's budget:
Remaining budget = $10,000 - $700 = $9,300
Now, let's subtract the title and license plate fee:
Remaining budget = $9,300 - $200 = $9,100
Therefore, the maximum amount Joe can spend for a car is $9,100.
Out of the given options, none match the correct answer of $9,100.