A car sells for $6,995.00 before tax. The registration fees are 5% of the price. The annual property tax, which is 2%, must be paid at the time of registration. How much will the buyer have to pay in taxes and registration fees for this car?
a.$279.80
b.$489.65
c.$139.90
d.$349.75
I think it is A am i right ?

Question

A car sells for $6,995.00 before tax. The registration fees are 5% of the price. The annual property tax, which is 2%, must be paid at the time of registration. How much will the buyer have to pay in taxes and registration fees for this car? 
 a.$279.80 
 b.$489.65 
 c.$139.90 
 d.$349.75 
I think it is A am i right ?

parthkohli · Answer

No, you're not. 
$$\LARGE 6995 * {7 \over 100} = 489.65  $$

parthkohli · Answer

I have chosen 7 as:
5 + 2 = 7