Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Mingmai recently purchased a set of premium wireless earbuds with a charging case for $37.99. He purchased this item at one of the local big-box
Mingmai recently purchased a set of premium wireless earbuds with a charging case for $37.99. He purchased this item at one of the local big-box department stores in Huntsville, Alabama where the sales tax rate at the time of purchase was 9.25%.
- Suppose he had access to an electronic coupon on his smartphone for 20% off the retail price. What would Mingmai total cost be, including sales tax?
- Mingmai assumed that her final total cost would be 10.75% less than the original retail price.
- Consider the coupon and sales tax and explain why he may have deduced this.
- Before calculating, guess. Do you think Mingmai assumption is correct? Why?
- Then, calculate. Now what do you think about Mingmais assumption? Support your answer with a detailed mathematical explanation.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started