question 6\nwhat is the total cost of an item bought at a negotiated price of $15,640 and a $2,500 trade…

question 6\nwhat is the total cost of an item bought at a negotiated price of $15,640 and a $2,500 trade - in allowance?\nthe sales tax is 7.2 percent with an $106 registration fee.\n○ $1,232.08\n○ $14,372.08\n○ $14,286.08\n○ $13,160.00

question 6\nwhat is the total cost of an item bought at a negotiated price of $15,640 and a $2,500 trade - in allowance?\nthe sales tax is 7.2 percent with an $106 registration fee.\n○ $1,232.08\n○ $14,372.08\n○ $14,286.08\n○ $13,160.00

Answer

Explanation:

Step1: Calculate taxable amount

$15,640 - 2,500 = 13,140$

Step2: Compute sales tax amount

$13,140 \times 0.072 = 946.08$

Step3: Sum all costs

$13,140 + 946.08 + 106 = 14,192.08$ Note: Correcting for likely calculation alignment with options, recalculating precise sum: $13,140 + 946.08 = 14,086.08$; $14,086.08 + 106 = 14,192.08$ Reconciling to closest valid option (adjusting for possible prompt interpretation: tax on negotiated price):

Step1 (Alternative, tax on negotiated price):

Tax amount: $15,640 \times 0.072 = 1,126.08$

Step2: Subtract trade-in, add tax + fee

$15,640 - 2,500 + 1,126.08 + 106 = 14,372.08$

Answer:

B. $14,372.08$