Question
1. Eva purchases a bicycle costing $150.95. State taxes are 5.5% and local sales taxes are 2.4%. The store charges $30 for assembly. What is
1. Eva purchases a bicycle costing $150.95. State taxes are 5.5% and local sales taxes are 2.4%. The store charges $30 for assembly. What is the total purchase price?
2. Jenny buys a dining table costing $695.95. The store charges $45 for delivery. State taxes are 6.5% and local sales taxes are 1.5%. What is the total purchase price?
3. Alex buys a Blu-ray disc costing $14.29. Use the table below to find the sales tax on this item.
Amount of Sale | Tax |
13.70 13.89 | .69 |
13.90 14.09 | .70 |
14.10 14.29 | .71 |
14.30 14.49 | .72 |
14.50 14.69 | .73 |
14.70 14.89 | .74 |
4. The board of directors of First Class Airlines has declared a dividend of $4,300,000. The company has 400,000 shares of preferred stock that pay $0.70 per share and 2,750,000 shares of common stock. After first finding the amount of dividends due the preferred shareholders, calculate the dividend per share of common stock.
5. Chloe invested a lump sum of $24,000 in a mutual fund with an offer price of $8.05. How many shares did she purchase? (Round to the nearest thousandth).
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