Your state charges a license fee of 1.4% on the purchase price of a car. How much is the license fee for a car that costs $14,498?
A) $14.00
B) $140.00
C) $20.30
D) $202.97
E) $162.38

Question

Quizplus · Accepted Answer

To find the license fee, we need to multiply the purchase price of the car by the license fee percentage.
License fee = purchase price x license fee percentage
License fee = $14,498 x 1.4%
License fee = $14,498 x 0.014
License fee = $202.97
Therefore, the license fee for a car that costs $14,498 is $202.97.

Your State Charges a License Fee of 1