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Author Question: Jordon Wilson lives in a state having a sales tax of 5. Compute the amount of tax he will pay on a ... (Read 106 times)

CBme

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on: Jun 24, 2018
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.)


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kxciann

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Reply #1 on: Jun 24, 2018
Answer to Question 1

14.28

Answer to Question 2

1,040.35


CBme

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Reply 2 on: Jun 24, 2018
Excellent

debra928

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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