Question

Much help needed thank you

Answer 1

14.29

Explanation:

Let p be the price of the cd

we take the price of the cd plus the tax and it must be less than or equal to 15

the tax is the price of the cd times 5 %

p + p*.05 ≤15

Combine like terms

p*1.05 ≤15

Divide each side by 1.05

p ≤15/1.05

p ≤14.28571429

Rounding to the nearest cent

p ≤14.29

The maximum price is 14.29