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Mathematics 16 Online
OpenStudy (yuki):

Value-added tax (VAT) is a consumer tax imposed on goods and services. Currently, VAT systems are in place all round the world. (The United States is one of the few industrialized nations not using a value-added tax system.) Complete the table by determining the VAT tax a traveler would pay in each country on a dinner that cost $24.05. (Round your answers to the nearest cent.) Canada 7% , Germany 16%, ENgland 17.5% , Sweden 25%

OpenStudy (yuki):

what ? what is your problem with this rgamador ?

OpenStudy (anonymous):

yuki..see my steps..did ur integral..:)

OpenStudy (yuki):

I saw it saubhik, it was of great help :)

OpenStudy (anonymous):

Canada 7% $1.68 Germany 16% $3.85 England 17.5% $4.21 Sweden 25% $6.01

OpenStudy (yuki):

$24.05 is the food price in Canada, 7% is the tax rate, so the tax you pay is 7% of $24.05 which can be calculated as .07*24.05 = 1.68

OpenStudy (nowhereman):

That's wrong. Here in Germany we have 19% already.

OpenStudy (yuki):

thus the total price is 24.05 + 1.68 and you are done

OpenStudy (yuki):

you take the same kind of steps, buddy, good luck :)

OpenStudy (anonymous):

Canada 7% $1.68 Total: 25.63 Germany 16% $3.85 Total 27.09 England 17.5% $4.21 Total: 28.26 Sweden 25% $6.01 Total: 30.06

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