Question is too long so below:

Question

The after-tax cost of a certain item is $2434. If the local tax rate is 1.6% and the state tax rate is 3.6%, find the sales tax of this item.

Round your answer to the nearest dollar (whole number).

Answer 1

2434/(1 + .016 + .036) = 2434/1.052 = 2313.688213 x .016 =$37.02 local tax

2313.688213 x 0.036 = $83.29 state sales tax

83.29+37.02 = 120.31 total tax

2313.69 + 120.31 = 2434