Jordon Wilson lives in a state having a sales tax of 5. Compute the amount of tax he will pay on a purchase of 285.60.
Question 2
A 1,00 . bond, with interest at 8 on January 1 and July 1, was sold on September 4 at 103 plus accrued interest. Compute the dollar amount of the sale the seller received. (Assume a 360-day year and a commission of 5 per bond.)