Michaela Purchased a Bicycle for $435

question 9

Short Answer

Michaela purchased a bicycle for $435.76 including 4.75% in sales tax. How much was the bicycle before the tax?

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Definitions:

Immigration

The process of permanently relocating to a country that is not one's native homeland.

Productivity Growth

The rate at which a company or economy can produce more goods and services with the same amount of labor, capital, energy, and materials, often seen as a key driver of economic growth.

Savings Rate

The proportion of disposable income that is saved by households rather than spent on goods or services.

Mass Production

The manufacture of large quantities of standardized products, often utilizing assembly lines or automated technology.