What will the last payment be to pay off a $1,250 computer plus 8% sales tax with monthly payments of $120?

Question

What will the last payment be to pay off a $1,250 computer plus 8% sales tax with monthly payments of $120?
🧐 Not the exact question you are looking for?Go ask a question

Solution 1

Step 1: Calculate the total cost of the computer including sales tax.

The sales tax is 8% of the cost of the computer. So, we calculate 8% of $1,250:

0.08 * $1,250 = $100

So, the total cost of the computer including sales tax is $1,250 + $100 = $1,350.

Step 2: Determine how many full payments o Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

This problem has been solved

Similar Questions

What will the last payment be to pay off a $1,250 computer plus 8% sales tax with monthly payments of $120?

The price of a TV is ₹ 13,000. The sales tax charged on it is at the rate of 12%. Find theamount that Vinod will have to pay if he buys it.

Which function would you use to find the periodic payment needed to pay off a loan in a specific number of periods?  A. RATE  B. NPR  C. PV  D. PMT

Anna is paid $15.00 per hour.She works a long 12 hour shift, the last 4 hours being paid a double time pay rate.What is Anna's wage before tax?

1/1