First, we need to find the discounted price after a 20% discount.
Discounted price = original price - (original price * discount rate)
Discounted price = $16 - ($16 * 0.20)
Discounted price = $16 - $3.20
Discounted price = $12.80
Next, we need to calculate the final price after adding a 4% sales tax.
Final price = discounted price + (discounted price * sales tax rate)
Final price = $12.80 + ($12.80 * 0.04)
Final price = $12.80 + $0.512
Final price = $13.312
Rounding to the nearest penny, the final price of the shirt after the discount is taken out and the taxes added is $13.31.
The original price of a shirt is $16. The price of the shirt is discounted by 20% then a 4% sales tax is added what is the final price of the shirt after the discount is taken out and the taxes added round to the nearest penny
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