Answer:
we pay for the CD is $19.33
Explanation:
given data
CD charge = $18.50
city tax = 0.5%
state tax = 4%
solution
we pay for the CD with combine of all charge as
Price of CD = charges + city tax + state tax .......................1
put here value we get, Price of CD that is
Price of CD = $18.5 + ( 0.5% ×$18.50 ) + ( 4% ×$18.50 )
Price of CD = $18.5 + $0.0925 + $0.74
Price of CD = $19.3325
so we pay for the CD is $19.33
