If a CD costs $25.00 and it is on sale for 15% off and the tax is 7.5%, what is the final cost?

Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter10: Cost Analysis For Management Decision Making
Section: Chapter Questions
Problem 13E
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  1. If a CD costs $25.00 and it is on sale for 15% off and the tax is 7.5%, what is the final cost?
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