Answer:
The tax on the car equals $480, based on a 6% rate.
Step-by-step explanation:
Giving the following information:
Tax rate (t)= 6% = 0.06
Purchase price= $8,000
To calculate the tax (T), we need to use the following formula:
Tax= tax rate*purchase price
Tax= 0.06*8,000
Tax= $480
The tax on the car equals $480, based on a 6% rate.
