the same bedroom furniture set costs $1,500 in both florida and alabama. the table gives a breakdown of the…

the same bedroom furniture set costs $1,500 in both florida and alabama. the table gives a breakdown of the taxes someone would pay when purchasing the furniture set in either state.\n|alabama|florida|\n|--|--|\n|state of alabama: 4.225%<br>county tax: 1.375%<br>city tax: 3.0%|state of florida: 6.5%<br>county tax: 1%<br>city tax: 1.625%|\nwhich statement is true?<br>o a. the furniture set is cheaper in alabama, because the amount of sales tax will be lower by about $8.<br>o b. the furniture set is cheaper in florida, because the amount of sales tax will be lower by about $10.<br>o c. the furniture set is cheaper in alabama, because the amount of sales tax will be lower by $10.<br>o d. the furniture set costs the same in either state, because the amount of sales tax will be the same for the two locations.
Answer
Explanation:
Step1: Calculate total tax rate in Alabama
Add the state, county and city tax rates. $4.225%+1.375% + 3.0%=8.6%$
Step2: Calculate tax amount in Alabama
Multiply the furniture cost by the total tax rate. $1500\times0.086 = 129$
Step3: Calculate total tax rate in Florida
Add the state, county and city tax rates. $6.5%+1%+1.625% = 9.125%$
Step4: Calculate tax amount in Florida
Multiply the furniture cost by the total tax rate. $1500\times0.09125=136.875$
Step5: Find the difference in tax amounts
Subtract the tax amount in Alabama from the tax amount in Florida. $136.875 - 129=7.875\approx8$
Answer:
A. The furniture set is cheaper in Alabama, because the amount of sales tax will be lower by about $8.