Five people contributed $9,000 each toward the purchase of a sailboat. If they ended up paying $38,500

Question:

Five people contributed $9,000 each toward the purchase of a sailboat. If they ended up paying $38,500 plus 8% sales tax for the boat, how much money should be refunded to each person?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: