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Comprehensive Solutions to Sales Tax Calculation and Future Value Analysis

This document provides detailed solutions to various financial calculations regarding sales tax and future value analysis. It outlines step-by-step responses to different sections, detailing total selling prices, sales tax amounts, and future values. The solutions cover multiple scenarios, including tax calculations for various price points and an analysis of future value with compound interest. Ideal for students and financial professionals seeking clarity on tax implications and investment forecasting.

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Comprehensive Solutions to Sales Tax Calculation and Future Value Analysis

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  1. Solutions to Section 6.1

  2. $29.40 $182.70

  3. 9. Sales tax = $4.52 Total selling price = $90.34 10. Total selling price = $577.88 Sales tax = $46.23 11. $155.03 12. $3.23

  4. 13. $34.13 14. $279.54 15. $357.35 16. Future Value = $26,848.81 16. Interest = $6,848.81 17. $506.00

  5. Questions???

  6. Solutions to Section 6.2

  7. 9a. $138.69 b. $5.59 c. $145.27 10a. $292.85 b. $16.11 c. $308.96 11a. $76.22 b. $5.72 c. $81.94 12a. $356.82 b. $39.44 c. $386.26 13a. $1,139.64 b. $72.94 c. $1,212.58

  8. 14. $49.98 15. $43,961.86 16. 68.08 17. 142.6152 18. 0.00364 19. $36.27

  9. Questions???

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