Question
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A camera has a listed price of \( \$ 845.98 \) before tax. If the sales tax rate is \( 7.5 \% \), find the total cost of the camera with sales tax included. Round your answer to the nearest cent, as necessary.

Ask by Maxwell Haynes. in the United States
Feb 20,2025

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Tutor-Verified Answer

Answer

The total cost of the camera with sales tax included is \$909.43.

Solution

To find the total cost of the camera with sales tax included, we can follow these steps: 1. **Calculate the sales tax amount**: The sales tax can be calculated using the formula: \[ \text{Sales Tax} = \text{Price} \times \text{Tax Rate} \] where the price is \( 845.98 \) and the tax rate is \( 7.5\% \) (or \( 0.075 \) in decimal form). 2. **Calculate the total cost**: The total cost can be calculated by adding the sales tax to the original price: \[ \text{Total Cost} = \text{Price} + \text{Sales Tax} \] Now, let's perform the calculations step by step. ### Step 1: Calculate the Sales Tax \[ \text{Sales Tax} = 845.98 \times 0.075 \] ### Step 2: Calculate the Total Cost \[ \text{Total Cost} = 845.98 + \text{Sales Tax} \] Let's calculate these values. Calculate the value by following steps: - step0: Calculate: \(845.98\times 0.075\) - step1: Multiply the numbers: \(63.4485\) Calculate or simplify the expression \( 845.98 + (845.98 * 0.075) \). Calculate the value by following steps: - step0: Calculate: \(845.98+\left(845.98\times 0.075\right)\) - step1: Multiply the numbers: \(845.98+63.4485\) - step2: Add the numbers: \(909.4285\) ### Step 1: Calculate the Sales Tax The sales tax calculated is: \[ \text{Sales Tax} = 63.4485 \] ### Step 2: Calculate the Total Cost Now, adding the sales tax to the original price: \[ \text{Total Cost} = 845.98 + 63.4485 = 909.4285 \] ### Rounding to the Nearest Cent The total cost rounded to the nearest cent is: \[ \text{Total Cost} \approx 909.43 \] Thus, the total cost of the camera with sales tax included is **\$909.43**.

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To find the total cost of the camera with sales tax included, we first calculate the sales tax amount. The sales tax is calculated as follows: \[ \text{Sales Tax} = \text{Listed Price} \times \text{Sales Tax Rate} = 845.98 \times 0.075 \] Calculating the sales tax: \[ \text{Sales Tax} = 845.98 \times 0.075 = 63.4485 \] Now, rounding that to the nearest cent gives us: \[ \text{Sales Tax} \approx 63.45 \] Next, we add this sales tax to the listed price to get the total cost: \[ \text{Total Cost} = \text{Listed Price} + \text{Sales Tax} = 845.98 + 63.45 = 909.43 \] Therefore, the total cost of the camera with sales tax included is: \[ \boxed{909.43} \]

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