Suppose that a state has increased its sales tax rate every other year since 2009.assume the state collected all sales taxes that residents legally owed. The table below summarizes its experience. What were total taxable sales in this state during each year displayed in the table? Year Sales Tax Rate Sales Tax Collections ($ in million) 2009 3% 9.00 2011 4% 14.00 2013 5% 20.00 2015 6% 24.00 2017 7% 29.40

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Answer 1

Question

Chapter 6, Problem 5P

To determine

Suppose that a state has increased its sales tax rate every other year since 2009.assume the state collected all sales taxes that residents legally owed. The table below summarizes its experience. What were total taxable sales in this state during each year displayed in the table?

Year Sales Tax Rate Sales Tax Collections ($ in million)

2009 3% 9.00

2011 4% 14.00

2013 5% 20.00

2015 6% 24.00

2017 7% 29.40

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Answer 2

Question

Chapter 6, Problem 5P

To determine

Suppose that a state has increased its sales tax rate every other year since 2009.assume the state collected all sales taxes that residents legally owed. The table below summarizes its experience. What were total taxable sales in this state during each year displayed in the table?

Year Sales Tax Rate Sales Tax Collections ($ in million)

2009 3% 9.00

2011 4% 14.00

2013 5% 20.00

2015 6% 24.00

2017 7% 29.40

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Answer 3

Question

Chapter 6, Problem 5P

To determine

Suppose that a state has increased its sales tax rate every other year since 2009.assume the state collected all sales taxes that residents legally owed. The table below summarizes its experience. What were total taxable sales in this state during each year displayed in the table?

Year Sales Tax Rate Sales Tax Collections ($ in million)

2009 3% 9.00

2011 4% 14.00

2013 5% 20.00

2015 6% 24.00

2017 7% 29.40

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Answer 4

Question

Chapter 6, Problem 5P

To determine

Suppose that a state has increased its sales tax rate every other year since 2009.assume the state collected all sales taxes that residents legally owed. The table below summarizes its experience. What were total taxable sales in this state during each year displayed in the table?

Year Sales Tax Rate Sales Tax Collections ($ in million)

2009 3% 9.00

2011 4% 14.00

2013 5% 20.00

2015 6% 24.00

2017 7% 29.40

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Answer 5

Chapter 6, Problem 5P

To determine

Suppose that a state has increased its sales tax rate every other year since 2009.assume the state collected all sales taxes that residents legally owed. The table below summarizes its experience. What were total taxable sales in this state during each year displayed in the table?

Year Sales Tax Rate Sales Tax Collections ($ in million)

2009 3% 9.00

2011 4% 14.00

2013 5% 20.00

2015 6% 24.00

2017 7% 29.40

Answer 6

Chapter 6, Problem 5P

To determine

Suppose that a state has increased its sales tax rate every other year since 2009.assume the state collected all sales taxes that residents legally owed. The table below summarizes its experience. What were total taxable sales in this state during each year displayed in the table?

Year Sales Tax Rate Sales Tax Collections ($ in million)

2009 3% 9.00

2011 4% 14.00

2013 5% 20.00

2015 6% 24.00

2017 7% 29.40

Answer 7

Chapter 6, Problem 5P

To determine

Suppose that a state has increased its sales tax rate every other year since 2009.assume the state collected all sales taxes that residents legally owed. The table below summarizes its experience. What were total taxable sales in this state during each year displayed in the table?

Year Sales Tax Rate Sales Tax Collections ($ in million)

2009 3% 9.00

2011 4% 14.00

2013 5% 20.00

2015 6% 24.00

2017 7% 29.40

Answer 8

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Answer 9

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Answer 10

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Answer 11

Ch. 6 - Prob. 6.1LO Ch. 6 - Prob. 6.2LO Ch. 6 - Prob. 6.3LO Ch. 6 - Prob. 6.4LO Ch. 6 - Prob. aFCT Ch. 6 - Prob. bFCT Ch. 6 - Prob. cFCT Ch. 6 - Prob. dFCT Ch. 6 - Prob. eFCT Ch. 6 - Prob. 1CTQ

Year	Sales Tax Rate	Sales Tax Collections ($ in million)
2009	3%	9.00
2011	4%	14.00
2013	5%	20.00
2015	6%	24.00
2017	7%	29.40

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