Math Problem Statement

The sales tax rate in Mountain County is 6 5/8%. If you buy a car there costing $29,500.00 how much will the sales tax be on the purchase?

Solution

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Math Problem Analysis

Mathematical Concepts

Percentages
Sales Tax Calculation
Conversions between Mixed Numbers and Decimals

Formulas

Sales Tax = Cost of the car × (Sales tax rate ÷ 100)

Theorems

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Suitable Grade Level

Grades 6-8