Question

If I buy a new car that cost $29,467 plus 7% tax what’s the total cost?

Answer 1

$31,529.69

Step-by-step explanation:

First, we need to calculate the tax, so we need to find how much is 7% of $29,467 as follows

29467 x 7% = 29467 x 7 / 100 = 206269 / 100 = 2062.69

Therefore, you will pay $29,467 for the car and $2062.69 for tax, so the total cost will be

$29467 + $2062.69 = $31,529.69

So, the answer is $31,529.69