Question
Your favorite store is having a sale. You run across a shirt that originally sold for $47, but is on a 40% Off rack. A
Your favorite store is having a sale. You run across a shirt that originally sold for $47, but is on a 40% Off rack. A pair of jeans that originally sold for $60 is advertised for 30% Off. Your eye is attracted to a pair of designer shoes on sale for $35. You decide to purchase the shirt, jeans, and shoes.
1) What is the sale price of the shirt? Click here to enter text. What is the sale price of the jeans?
2) What is the subtotal of the shirt, jeans, and the shoes?
3) You discover a coupon for 25% off the purchase price and give it to the cashier. With the 25% off coupon what is the pre-tax cost of your purchase?
4) If the sales tax on your purchase is 5%, what is the total amount you are charged?
5) Your credit card has a monthly interest rate of 2% and a minimum payment of $10. You make the minimum payment every month. Fill in the chart below until you pay off your purchase.
Month | Balance | Payment | Remaining Balance | Interest | New Balance |
1 | Click here to enter text. | $10.00 | Click here to enter text. | Click here to enter text. | Click here to enter text. |
2 | Click here to enter text. | Click here to enter text. | Click here to enter text. | Click here to enter text. | Click here to enter text. |
3 | Click here to enter text. | Click here to enter text. | Click here to enter text. | Click here to enter text. | Click here to enter text. |
4 | Click here to enter text. | Click here to enter text. | Click here to enter text. | Click here to enter text. | Click here to enter text. |
5 | Click here to enter text. | Click here to enter text. | Click here to enter text. | Click here to enter text. | Click here to enter text. |
6 | Click here to enter text. | Click here to enter text. | Click here to enter text. | Click here to enter text. | Click here to enter text. |
7 | Click here to enter text. | Click here to enter text. | Click here to enter text. | Click here to enter text. | Click here to enter text. |
8 | Click here to enter text. | Click here to enter text. | Click here to enter text. | Click here to enter text. | Click here to enter text. |
9 | Click here to enter text. | Click here to enter text. | Click here to enter text. | Click here to enter text. | Click here to enter text. |
10 | Click here to enter text. | Click here to enter text. | Click here to enter text. | Click here to enter text. | Click here to enter text. |
6) How much do you end up paying for your purchase by using you credit card?
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