Question: You are debating whether to buy a new computer for $1,360.00 with a discount of 10% and sales tax of 65% or a refurbished computer

 You are debating whether to buy a new computer for $1,360.00

You are debating whether to buy a new computer for $1,360.00 with a discount of 10% and sales tax of 65% or a refurbished computer with the same equipment for $1,095.00 and sales tax of 5.75%. If a savings account earns a 3.75% APR, how much do you really save with a refurbished computer if you put the difference into the savings account for a year and calculate using the simple interest formula? 39. Be sure to include in your response: the answer to the original question the mathematical steps for solving the problem demonstrating mathematical reasoning

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!