Question

A family has budgeted $1000 so that all four of them can convert to the newest iPhone at the same time. The cost of each iPhone is $199 and the sales tax is calculated by multiply- ing 08125 times the combined cost of the four phones. Find the amount left over from the budgeted amount.

Answer 1

Answer:

The Family has $139.33 left after making the purchase

Step-by-step explanation:

The family has a total of $1000 and they want to buy 4 iPhones that cost $199 each. We first need to figure out the total cost of 4 iPhones, which would be the following,

$199*4=796$

Now that we have the total amount for the 4 iPhones we have to calculate the sales tax on the purchase. The Sales tax is 0.08125, since we want the final price with the sales tax included we will add 1 to the sales tax.

$796*(1+0.08125) = 860.68$

Now we have the Final price of the purchase. Since the family had $1000 we can subtract the total from this to find out how much is left.

$1000-860.68 = 139.33$

The Family has $139.33 left after making the purchase

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