Find the Sales Tax for the Item Using a Sales $\$ 234.98$

question 116

Multiple Choice

Find the sales tax for the item using a sales tax rate of 5%. Stereo, $469.95

• A) \(\$ 234.98\)
• B) \(\$ 446.45\)
• C) \(\$ 93.99\)
• D) \(\$ 44.65\)
• E) \(\$ 23.50\)

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Definitions:

Document of Title

A legal document that provides evidence of ownership of property or goods.

Negotiable Document

A written instrument that promises payment to the holder and is freely transferable.

Identified

Recognized or distinguished as being a particular entity or object.

Tendered

The act of presenting for acceptance; in legal and financial contexts, it often refers to offering payment or delivering goods as part of fulfilling a contract.