12. Suri has decided to buy a car. The car has a MSRP of $24 500. She wishes to get several upgrades that will cost $2654. She has negotiated a $2800 discount from the MSRP. Freight costs $800. She must pay a fuel-efficiency tax of $500 and an air conditioner tax of $90. The dealer is charging her a non-taxable administration fee of $45. Licence fees (non-taxable) cost $80, and gas (also non-taxable) costs $50. Calculate the total amount, including taxes, that Suri must pay the dealership. (Note: Tax is 13%.) (

SWFT Comprehensive Vol 2020
43rd Edition
ISBN:9780357391723
Author:Maloney
Publisher:Maloney
Chapter5: Gross Income: Exclusions
Section: Chapter Questions
Problem 11DQ
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12. Suri has decided to buy a car. The car has a MSRP of $24 500. She wishes to get several
upgrades that will cost $2654. She has negotiated a $2800 discount from the MSRP.
Freight costs $800. She must pay a fuel-efficiency tax of $500 and an air conditioner tax
of $90. The dealer is charging her a non-taxable administration fee of $45. Licence fees
(non-taxable) cost $80, and gas (also non-taxable) costs $50. Calculate the total amount,
including taxes, that Suri must pay the dealership. (Note: Tax is 13%.)
Monthly Payment Solver
Present Value
Future Value
Annual Interest (%)
Number of Years
Monthly Payment
PMT
Clear
Transcribed Image Text:12. Suri has decided to buy a car. The car has a MSRP of $24 500. She wishes to get several upgrades that will cost $2654. She has negotiated a $2800 discount from the MSRP. Freight costs $800. She must pay a fuel-efficiency tax of $500 and an air conditioner tax of $90. The dealer is charging her a non-taxable administration fee of $45. Licence fees (non-taxable) cost $80, and gas (also non-taxable) costs $50. Calculate the total amount, including taxes, that Suri must pay the dealership. (Note: Tax is 13%.) Monthly Payment Solver Present Value Future Value Annual Interest (%) Number of Years Monthly Payment PMT Clear
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