Sophia is buying her first car. She wants a Volkswagon Jetta It costs $21,345 plus $2,500 for upgrades like floor mats and a sunroof. The Georgia sales tax on the car will be 7%. What will be the total of her loan with upgrades including sales tax? Round to the nearest whole number.
The cost of the car is $21,345
The cost of the upgrades is $2,500
The total cost of the car and upgrades is $21,345 + $2,500 = $<<21345+2500=23845>>23,845
The sales tax on the car is 7%
The sales tax on the car is $23,845 * 7% = $1,669.15
The total cost of the car with upgrades and sales tax is $23,845 + $1,669.15 =$<<23845+1669.15=25514.15>>25,514.15
Rounded to the nearest whole number, the total cost of the car with upgrades and sales tax is $<<25514=25514>>25,514. Answer: \boxed{25,514}.
explain
To find the total cost of Sophia's car loan, we need to calculate the cost of the car, the cost of the upgrades, and the sales tax.
The initial cost of the car is given as $21,345.
The cost of the upgrades is $2,500.
To calculate the sales tax, we multiply the cost of the car and upgrades by the sales tax rate, which is 7%.
Sales tax = ($21,345 + $2,500) * 7% = $23,845 * 7% = $1,670.15.
Finally, we add the cost of the car, the upgrades, and the sales tax together:
Total cost of loan = $21,345 + $2,500 + $1,670.15 = $25,515.15.
Rounding this amount to the nearest whole number, the total cost of Sophia's car loan, including upgrades and sales tax, is $25,514.
step by step
Sure, here is a step-by-step breakdown of the calculation:
1. Start with the initial cost of the car: $21,345
2. Add the cost of the upgrades: $21,345 + $2,500 = $23,845
3. Calculate the sales tax by multiplying the total cost by the tax rate: $23,845 * 7% = $1,670.15
4. Add the sales tax to the total cost of the car and upgrades: $23,845 + $1,670.15 = $25,515.15
5. Round the final amount to the nearest whole number: $25,514.
So, the total cost of Sophia's car loan, including upgrades and sales tax, is $25,514.