First Problem:

Sales tax on the purchase of a vehicle is calculated on the net purchase price (which is the total purchase price minus the amount allowed by a dealer for any trade-in). Rate for Colorado is:

•Colorado state tax: 2.90%

•Regional transportation district (RTD) tax: 1.20%

•Denver city tax: 3.62%

Using the information above, answer the following:

•What is the total sales tax to be paid in 2002 on the purchase of a 2002 passenger vehicle with a sales price of $17,000 and a $2,000 trade-in allowance?

•How would the sales tax be distributed between the state, the RTD, and the city?

Second Problem:

Which job should you take?:

•The first position is in Pennsylvania, earning $50,000 a year. You found a starter duplex that you can purchase with the assessed value of $75,000. Property taxes average 2.975% of the purchase price. The state sales tax is 6% on purchases, but this does not apply to food and clothing. The state income tax is 3%.

•The second offer is in Maryland. You would earn $65,000, with a starter duplex assessed at $135,000. In Maryland, property taxes are 2.4% of the purchase price of the property. The sales taxes are 1% higher than in Pennsylvania, and it also applies to food and clothing. Maryland's state income tax is 1.5% higher than Pennsylvania's.

You spend about $24,000.00

Now I have been reading my math book and I get lost on which numbers I multiply and which I don't. Where I add and what I don't add. I am hoping that I placed this question in the correct place too! I'm sorry if I didn't! I am just lost no matter which direction I take! I hope someone can help me. I have been trying really really hard!