raymond bought a used truck for $18,800. if the sales tax in his state is 7 percent, what was the final…

raymond bought a used truck for $18,800. if the sales tax in his state is 7 percent, what was the final price for his car? $1,316 $1,504 $20,116 $20,492

raymond bought a used truck for $18,800. if the sales tax in his state is 7 percent, what was the final price for his car? $1,316 $1,504 $20,116 $20,492

Answer

Explanation:

Step1: Calculate sales - tax amount

The sales - tax rate is 7% or 0.07. The cost of the truck is $18800. The sales - tax amount is calculated by multiplying the cost of the truck by the sales - tax rate. So, the sales - tax amount $=18800\times0.07 = 1316$.

Step2: Calculate the final price

The final price is the sum of the cost of the truck and the sales - tax amount. So, the final price $=18800 + 1316=20116$.

Answer:

$20116$ (C. $20,116$)