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Sphinxa [80]
3 years ago
8

Caleb bought groceries and paid \$1.60$1.60dollar sign, 1, point, 60 in sales tax. The sales tax rate is 2.5\%2.5%2, point, 5, p

ercent.
What was the price of Caleb's groceries, before tax?
Mathematics
1 answer:
Varvara68 [4.7K]3 years ago
8 0
The price before tax would be 1.60/0.025 which equals $64.
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The "growth" rate is -5%, so the growth factor, the base in the exponential equation, is 1.00-5% =0.95.

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