MAT 110 Fayetteville Technical Community College Mathematics Discussion & Response – Description
DF Activity 4 applies to material covered in sections 7.1 and 7.2 of our textbook. For DF Activity 4, you will calculate percent markdown, sales tax and the monthly payment for financing an item of your choice.
Find a current advertisement from a store of your choice for an item (that has an original price of at least $100) that you would like to purchase. State the name of the item, the original price of the item, the sale price of the item, and the store where the item is sold.Calculate the percent markdown for the item you chose. You must show your work.Calculate the sales tax owed using a 7% sales tax rate and the total owed for your chosen item. You must show your work.ReplyChoose a classmate without a reply. No credit will be given for the reply post if your chosen classmate already has a reply with the correct answers.Assume your classmate decides to finance this purchase and will be charged 15% simple interest. If your classmate finances the purchase for 4 months, how much interest will be owed? You must show your work.Find the total paid for the item. You must show your work.Calculate the monthly payment. You must show your work.CLASSMATE RESPONSE: Needed ASAP for full credit. THANK YOU I chose an outdoor rocking chair for $199.99. 2.) We will say this item is 10% off the original price $199.99 X 0.10 = 19.99 199.99 – 19.99 = 180.00 Sale Price = $180.00 3.) Sales tax of 7% $180.00 X 0.07 = 12.60 Sales tax = $12.60 Total = $192.60
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