Question

A camera has a listed price of $704.95 before tax. If the sales tax rate is 9.75%, find the total cost of the camera with sales tax included. Round your answer to the nearest cent, as necessary.

Answer 1

$773.55 is going to be your answer

Answer 2

$773.55

Explanation:

To find the total cost of the camera with the sales tax included, you need to calculate the amount of sales tax and add it to the listed price of the camera.

The sales tax rate is given as 9.75%. To convert this to a decimal, divide the percentage by 100: 9.75/100 = 0.0975

To find the amount of sales tax, multiply the listed price of the camera by the sales tax rate as a decimal: $704.95 x 0.0975 = $68.60

To find the total cost of the camera, add the amount of sales tax to the listed price: $704.95 + $68.60 = $773.55

So the total cost of the camera with the sales tax included is $773.55