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Lamont Gatling purchased a phone answering system for his home office. The list price was $99.86. He also purchased a 12-foot handset cord for $8.95 and 50 feet telephone wire for 45¢ per foot. He received a $5.00 rebate on the phone system and had a store coupon for $1.00 off each accessory. If he paid a 6 percent sales tax on the final price, how much did he pay?

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Answer:

$130.7086

Step-by-step explanation:

List price of phone answering system = $99.86

Handset cord = $8.95

Telephone wire = 45 cent/foot ; length = 50 feet

Rebate on phone system = $5

Store coupon =$1 of each accessory

Sales tax = 6% on final price

Price before coupon = (99.86 + 8.95 + (50*0.45)) =$131. 31

Number of accessories = 3

Total coupon = $5 + ($1 * 3) = $8

Price after coupon = final price : $131.31 - $8 = $123.31

Sales tax = 0.06 * $123.31 = $7.3986

Amount paid = $123.31 + $7.3986 = $130.7086

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