An item has a listed price of $80. If the sales tax rate is 7%, how much is the sales tax (in dollars)
1 answer:
Multiplying a listed price by the percent can get you the sales tax, and then you can add.
(0.07 is 7% converted into a decimal)
So the item is $85.60 after sales tax.
You may also notice that multiplying the listed price by 1.07 will get you the same answer, without the need to add the sales tax.
Hope this helps.
頑張って!
You might be interested in
Answer:
The average rate of change in the balance over the interval t = 0 to t = 5 is of $20.82 a year. This means that the balance increased by $20.82 a year over the interval t = 0 to t = 5.
Step-by-step explanation:
Given a function y, the average rate of change S of y=f(x) in an interval will be given by the following equation:
In this problem, we have that:
Find the average rate of change in the balance over the interval t = 0 to t = 5.
Then
The average rate of change in the balance over the interval t = 0 to t = 5 is of $20.82 a year. This means that the balance increased by $20.82 a year over the interval t = 0 to t = 5.
Answer: $5,828.28
<u>Step-by-step explanation:</u>
Use the Compound Interest formula: where
- A is the accrued amount (balance)
- P is the principal (initial amount invested)
- r is the interest rate (in decimal form)
- n is the number of times compounded each year
- t is the time of the investment (in years)
Given: P = 4,900
r = 3.5% (0.035)
n = 2
t = 5
I’ve provided both the answer and explanation below! Hope this helps :)
