You purchase 3 CDs for $13.99 each. The sales tax is 4%. You have $60.00. How much is your change? (1 point) Responses $46.01 $46.01 $18.03 $18.03 $16.35 $16.35 $45.45

1 answer

First, let's calculate the total cost of the CDs and the sales tax.

  1. Cost of 3 CDs: \[ \text{Cost of CDs} = 3 \times 13.99 = 41.97 \]

  2. Calculate the sales tax: \[ \text{Sales tax} = 4% \text{ of } 41.97 = 0.04 \times 41.97 = 1.6788 \] We can round this to $1.68 for simplicity.

  3. Total cost: \[ \text{Total cost} = \text{Cost of CDs} + \text{Sales tax} = 41.97 + 1.68 = 43.65 \]

  4. Calculate change: \[ \text{Change} = \text{Amount given} - \text{Total cost} = 60.00 - 43.65 = 16.35 \]

Therefore, your change is $16.35.