Question

casey is looking at a used car on sale for $14,999. suppose that casey is able to get $1,800 in trade for his old vehicle. the sales tax rate is 9.25%. how much will casey pay in taxes on the reduced sales price? round to the nearest cent if necessary. casey will pay $______.

Explanation:

Step1: Calculate reduced sales price

$14999 - 1800=13199$

Step2: Calculate sales tax

$13199\times 0.0925 = 1221.9075$

Step3: Round to nearest cent

Rounding $1221.9075$ to the nearest cent gives $1221.91$

Answer:

$1221.91$