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You buy fishing equipment costing $268. State taxes are 6.5% and the federal excise tax on this item is 11.45%. What is the total purchase

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You buy fishing equipment costing $268. State taxes are 6.5% and the federal excise tax on this item is 11.45%. What is the total purchase price? (Round your answer to the nearest cent.)$285.42$296.87$298.69$316.11

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