SOLUTION: If the cost of a new car is 25,000 dollars plus 8% sales tac and a down payment of 15% including the tx is required, how much money will a consumer need to drive out in a new car:

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Question 427069: If the cost of a new car is 25,000 dollars plus 8% sales tac and a down payment of 15% including the tx is required, how much money will a consumer need to drive out in a new car:
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!


Hi

Sales tax = .08*25,000 = $2000

       DP = .15*25,000 = $3750   with tax $5750

 OR .23*25,000 = $5750