SOLUTION: The ownership tax for a new car in a certain state is 2.1% of the purchase price. Find the ownership tax on a new car with a purchase price of $22,400.

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: The ownership tax for a new car in a certain state is 2.1% of the purchase price. Find the ownership tax on a new car with a purchase price of $22,400.      Log On


   

Question 998066: The ownership tax for a new car in a certain state is 2.1% of the purchase price. Find the ownership tax on a new car with a purchase price of $22,400.
Answer by fractalier(6550) About Me  (Show Source):
You can put this solution on YOUR website!
Tax is 2.1% of the purchase price, or
(.021)(22400) = $470.40