Question

A new car is prices at $20,500 without taxes and fees. The state sales tax is 4%, the city sales tax is 1.5%, and the registraion fee is $45. What is the cost including taxes and fees?

Answer 1

Where p is the initial price of the vehicle (20,500):

total cost = p + (p*.04) + (p*.015) + 45

Answer 2

Thank you. :)