6
QuizMultiple Choice

Insurance — Unit test

Question 6 • GA-GSE Personal Finance and Economics

David has $90 to spend on sneakers. The sales tax in his state is 6%.Vincent has $95 to spend on sneakers. The sales tax in his state is 9%.Both boys are interested in a pair of sneakers that costs $86. Who will be able to buy the sneakers?

Answer
D
David
V
Vincent
b
both
n
neither

Explanation

David’s total would be $86 × 1.06 = $91.16, which is more than his $90 budget. Vincent’s total would be $86 × 1.09 = $93.74, which is within his $95 budget, so Vincent can buy the sneakers.

AI-written and checked against the verified answer.

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