Give the step-by-step reasoning process and then the final answer. Cody goes to the store and buys $40 worth of stuff. The taxes were 5%. After taxes, he got an $8 discount. Cody and his friend split the final price equally. How much did Cody pay?
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The taxes were 40 * .05 = $2. So the price was 40 + 2 = $42. He got a discount so the price he paid was 42 - 8 = $34. Since he paid half his price was 34 / 2 = $17.
The final answer: 17.
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