Being Purchased box on the left side of the contract. MSRP OF 17000.00

3. Suppose you are able to negotiate a selling price of 95% of the MSRP. Write the selling price into the Selling Price line of the contract. You may carry this value down to the Price After Equipment Change line.

4. Assume you have no trade-in. Write your selling price in the Taxable Total line of the contract.

5. Calculate the sales tax and write this amount in the Sales Tax line of the contract. In the state of Arizona, the tax rate is different depending on where you purchase your car. Currently the Arizona sales tax rate is 5.6%. Maricopa County adds on 0.7% sales tax to support roads and jails. Phoenix has a city tax of 2.3%. That's a total of 8.6% if you purchase your car in the city of Phoenix. Assume were buying the car in the city of Phoenix, so use the 8.6% sales tax rate. (Grade breakdown: .25 for correct answer; .25 for work)

6. [1 pt] The license fee is 2.8% of t