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Kris Bought a New Fur Coat for $8,000

Question 62

Multiple Choice

Kris bought a new fur coat for $8,000. She must pay 5% sales tax and 7% excise tax. The furrier is shipping the coat, so Kris must also pay a $15.00 insurance charge. What is the total purchase price of the coat?


A) $8,960
B) $8,400
C) $8,975
D) $8,560
E) None of these

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