true or false: you have $17,000 and want to buy a $15,600 truck. you still need to add on 6% sales tax. you…

true or false: you have $17,000 and want to buy a $15,600 truck. you still need to add on 6% sales tax. you can afford the truck. true false

true or false: you have $17,000 and want to buy a $15,600 truck. you still need to add on 6% sales tax. you can afford the truck. true false

Answer

Explanation:

Step1: Calculate sales - tax amount

The sales - tax rate is 6% or 0.06. The cost of the truck is $15600. The sales - tax amount $t$ is calculated by multiplying the cost of the truck by the sales - tax rate, so $t = 15600\times0.06=936$.

Step2: Calculate total cost of the truck

The total cost $C$ of the truck is the sum of the cost of the truck and the sales - tax amount. So $C=15600 + 936=16536$.

Step3: Compare total cost with available money

We have $17000$ available and the total cost of the truck is $16536$. Since $17000>16536$, we can afford the truck.

Answer:

True