Answer:
Tax = $0.97175
Final Price = $15.92175
Step-by-step explanation:
To calculate the amount of tax of an amount you just must multiply this figure by the percentage of the tax expressed in decimal numbers.
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Data:
Price = $14.95
Tax rate = 6.5%
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Calculation of tax:
amount = total x percent = $14.95 x 6.5% = $14.95 x 0.065 = $0.97175
Calculation of the final price with tax:
Amount = book cost + tax = $14.95 + $0.97175 = $15.92175
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Tax = $0.97175
Final Price = $15.92175
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Hope this helps!