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ss7ja [257]
2 years ago
8

2. A closer estimate of the total cost can be made by including the estimated sales tax. Use a formula to calculate the estimate

d cost for July 2014 using 7% sales tax. Then, write the formula you used and the estimated cost in the cell below. Hint: Convert 7% into a decimal for the formula.
Business
1 answer:
Kazeer [188]2 years ago
5 0

Answer: Hello  your question has some missing details hence I will provide an answer based on the general scope of your question

answer ; =([Cost] * 1.07)

Explanation:

Assuming the table heading for estimated cost in July 2014 is named "Cost"

Total estimated cost

Total =  Cost * ( 1 + Sales Tax )

         = Cost * ( 1 + 0.07 )

         = Cost * 1.07

Excel  equivalent formula used that can be used  = ([Cost] * 1.07)

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