Connie has saved up $15 to purchase a new CD from the local store. The sales tax in her county is 5% of the sticker price. Write

Question

2 years ago

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Connie has saved up $15 to purchase a new CD from the local store. The sales tax in her county is 5% of the sticker price. Write

an equation and solve it to determine the value of the highest priced CD Connie can purchase with her $15, including the sales tax. Round your answer to the nearest penny.Connie has saved up $15 to purchase a new CD from the local store. The sales tax in her county is 5% of the sticker price. Write an equation and solve it to determine the value of the highest priced CD Connie can purchase with her $15, including the sales tax. Round your answer to the nearest penny.Connie has saved up $15 to purchase a new CD from the local store. The sales tax in her county is 5% of the sticker price. Write an equation and solve it to determine the value of the highest priced CD Connie can purchase with her $15, including the sales tax. Round your answer to the nearest penny.

Mathematics

1 answer:

arsen [322] · Answer 1 · 2023-06-04T22:59:20+03:00

The maximum amount that Connie can pay for a new CD is $15, so we will keep this on one side of our equation. Next, we equate this to the sum of the CD's price and the tax. Let x represent the price of the CD. The sales tax applied will be 0.05x. Therefore, we get the equation 15 = x + 0.05x. Solving: 15 = 1.05x x = $14.29 The first option is correct.

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~Lena~