A new​ plasma-screen television has a purchase price of​ $5260. If the sales tax on this purchase is ​$368.20 find the sales tax rate. The sales tax rate is ? %.

Dean Summers 2022-07-27 Answered
A new​ plasma-screen television has a purchase price of​ $5260. If the sales tax on this purchase is​ $368.20 find the sales tax rate.
The sales tax rate is ? %.
You can still ask an expert for help

Expert Community at Your Service

  • Live experts 24/7
  • Questions are typically answered in as fast as 30 minutes
  • Personalized clear answers
Learn more

Solve your problem for the price of one coffee

  • Available 24/7
  • Math expert for every subject
  • Pay only if we can solve it
Ask Question

Answers (1)

esbalatzaj
Answered 2022-07-28 Author has 15 answers
given A new​ plasma-screen television has a purchase price of ​$5260,sales tax on this purchase is ​$368.20
sales tax rate = ( 368.20 5260 ) 100 %
sales tax rate = ( 0.07 ) 100 %
sales tax rate =7 %

We have step-by-step solutions for your answer!

Expert Community at Your Service

  • Live experts 24/7
  • Questions are typically answered in as fast as 30 minutes
  • Personalized clear answers
Learn more

You might be interested in

asked 2021-05-14
Consider the accompanying data on flexural strength (MPa) for concrete beams of a certain type.
11.87.76.56.89.76.87.37.99.78.78.18.56.37.07.37.45.39.08.111.36.37.27.77.811.610.77.0
a) Calculate a point estimate of the mean value of strength for the conceptual population of all beams manufactured in this fashion. [Hint. ?xj=219.5.] (Round your answer to three decimal places.)
MPa
State which estimator you used.
x
p?
sx
s
χ~
b) Calculate a point estimate of the strength value that separates the weakest 50% of all such beams from the strongest 50%.
MPa
State which estimator you used.
s
x
p?
χ~
sx
c) Calculate a point estimate of the population standard deviation ?. [Hint: ?xi2=1859.53.] (Round your answer to three decimal places.)
MPa
Interpret this point estimate.
This estimate describes the linearity of the data.
This estimate describes the bias of the data.
This estimate describes the spread of the data.
This estimate describes the center of the data.
Which estimator did you use?
χ~
x
s
sx
p?
d) Calculate a point estimate of the proportion of all such beams whose flexural strength exceeds 10 MPa. [Hint: Think of an observation as a "success" if it exceeds 10.] (Round your answer to three decimal places.)
e) Calculate a point estimate of the population coefficient of variation ??. (Round your answer to four decimal places.)
State which estimator you used.
p?
χ~
s
sx
x
asked 2021-08-15
The given proportion: x1824=158
asked 2021-08-20
The number of cars that can be washed in 8 hours.
Given: 128 cars are washed in 3 hours.
asked 2021-02-05
The Manitou Incline, which leads to the top of Pike's Peak in Colorado, climbs from an elevation of 6574 feet to 8585 feet above sea level. The fastest reported time for running up the incline is 16 minutes and 42 seconds, by Mike Fretta. How many vertical feet per second did Mark climb during his record-breaking performance? (Round to 1 decimal digit.)
asked 2020-11-12
Finance bonds/dividends/loans exercises, need help or formulas
Some of the exercises, calculating the Ri is clear, but then i got stuck:
A security pays a yearly dividend of 7€ during 5 years, and on the 5th year we could sell it at a price of 75€, market rate is 19%, risk free rate 2%, beta 1,8. What would be its price today? 2.1 And if its dividend growths 1,7% each year along these 5 years-what would be its price?
A security pays a constant dividend of 0,90€ during 5 years and thereafter will be sold at 10 €, market rate 18%, risk free rate 2,5%, beta 1,55, what would be its price today?
At what price have i purchased a security if i already made a 5€ profit, and this security pays dividends as follows: first year 1,50 €, second year 2,25€, third year 3,10€ and on the 3d year i will sell it for 18€. Market rate is 8%, risk free rate 0,90%, beta=2,3.
What is the original maturity (in months) for a ZCB, face value 2500€, required rate of return 16% EAR if we paid 700€ and we bought it 6 month after the issuance, and actually we made an instant profit of 58,97€
Youll
asked 2020-10-19
A nut wholesaler sells a mix of peanuts and cashews.
The wholesaler charges $2.80 per pound for peanuts and $5.30 per pound for cashews.
The mix is to sell for $3.30 per pound.
How many pounds of peanuts and how many pounds of cashews should be used to make 100 pounds of the mix?
asked 2021-08-14
To find: The value of x in 85=9x