Final answer:
To calculate the total cost of a $950.00 television in Hennepin County with the Minnesota state sales tax and the county tax, convert the tax rates to decimals and multiply by the price. Adding these amounts to the original price, the total cost comes to $1,016.74.
Step-by-step explanation:
The question is about calculating the total cost of a television including the state and county sales tax. To find the total amount after tax is assessed, we first convert the percentage rates to decimals and then multiply by the cost of the item.
Minnesota's state sales tax rate is 6.875%, which is converted to a decimal as 0.06875, and Hennepin County's sales tax rate is 0.15%, which as a decimal is 0.0015.
The amount of sales tax for the state is given by: $950.00 × 0.06875 = $65.31. The amount of sales tax for the county is given by: $950.00 × 0.0015 = $1.43. Therefore, the total sales tax is: $65.31 (state) + $1.43 (county) = $66.74. Adding the total sales tax to the original price of the television, we have: $950.00 + $66.74 = $1,016.74.
So, the television will cost a total of $1,016.74 in Hennepin County, which corresponds to option d. $1,016.74.