Can anyone explain to me federal tax questions such as this one?
Can anyone explain to me federal tax questions such as this one?
Jane bought a frame for her sister who is going away to college. It is marked $4.95. She must pay two taxes on the frame: the state sales tax is 10% and the luxury tax is 2%, what is the total cost of the frame?
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t-rexs: 4.95 x10% = .49 4.95 x .02% = .09 4.95 + .49 + .09 = 5.53 5.53 is the total cost fifth grade math - are you smarter than a fifth grader??
2010-03-09 04:26:32
t-rexs: 4.95 x10% = .49 4.95 x .02% = .09 4.95 + .49 + .09 = 5.53 5.53 is the total cost fifth grade math - are you smarter than a fifth grader??
2010-03-09 04:26:32