Digital Camera Finance
June 24th, 2010 | 
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Question: Homework help for math?
Ivan purchased a stove for $350.98. How much sales tax did he have to pay if the tax rate was 6%?
9) April bought a jacket on sale for $39.95. The sales tax rate is 7.5%. Determine her after-tax total.
10) Jim purchased a hose for $25.50, a watering can for $5.75, and gardening gloves for $2.95. The sales tax was 6.5%. What was the total purchase?
11) In problem #10, Jim gave the salesperson two $20 bills. How much change did he receive?
12) Becky bought a digital camera on the installment plan. The purchase price was $859.95. She paid $150 down and made 12 monthly payments of $65.25. Find the Finance Charge she paid.
13) Lori bought a set of dining room furniture with a list price of $1250. She paid $350 down. She paid off the remaining amount in equal monthly installments over a period of 8 months. The Finance Charge was $75. Find how much she paid each month.
Answer: 0.06 x 350.98 = $21.06
9) 1.075 x 39.95 = $42.95
10) 1.065 (25.50 + 5.75 + 2.95) = $36.42
11) 40 - 36.42 = $3 and 58 cents
12) (150 + 12*65.25) - 859.95 = $73.05
13) (350 + 8*monthly payment) - 1250 = 75
monthly payment = 975/8 = $121.88
My mom's ex-finance singing "Cross my heart"
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