Question

A flat screen tv at Best Buy costs $699 . The sales tax in Virginia is 5.3%. How much tax will you pay on the TV?

Answer 1

Answer:

$37.05

Step-by-step explanation:

$699 × 5.3%

We must convert 5.3% into just a decimal (not a percentage)

To do so, move the decimal to the left two places.

This would be 0.053

699 × 0.053 = 37.047

Although the exact number is 37.047, money is only paid within two decimals places, so let's round up to the nearest hundredth place

37.047 rounds up to 37.05

$37.05 is how much tax will be paid on the TV

Answer 2

Answer:

736.05

Step-by-step explanation:699.00 x 5.3%=37.047

699.00 + 37.05 = 736.05