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Sagot :
That's the answer I got!
8648 * .047 = 406.456
406.456 + 8648 = 9054.456
9054.456 * .05 = 452.72!
8648 * .047 = 406.456
406.456 + 8648 = 9054.456
9054.456 * .05 = 452.72!
Answer:
The down payment is $ 452.72 (approx).
Step-by-step explanation:
Given,
The original price of the car = $8,648.00
Sales tax = 4.7%,
So, the final price of the car = (100+4.7)% of the original price
= 104.7% of $ 8,648.00
[tex]=\frac{104.7\times 8648.00}{100}[/tex]
[tex]=\frac{905445.6}{100}[/tex]
[tex]=\$ 9054.456[/tex]
Now, the percentage of down payment = 5 %,
Hence, the amount of down payment = 5 % of the final price
= 5 % of $ 9054.456
[tex]=\frac{5\times 9054.456}{100}[/tex]
[tex]=\frac{45272.28}{100}[/tex]
[tex]=\$ 452.7228\approx \$ 452.72[/tex]
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