Question

1. Rocco purchases a car for $14,950. There is a sales tax of 6.5%.

How much is the final price with tax?
Use the formula amount = cost x tax rate to find the amount of the
sales tax.
Add the cost of the car to the amount of the sales tax to find the final
price.​

Answer 1

$15,921.75

Explanation:

1. Multiply the cost of the car by the sales tax rate.

14950*.65= 971.75

2. Then add this amout to the original cost of the car.

14950 + 971.75= $15,921.15

Answer 2

The final price with tax is 15,921.75‬, and the total tax added was 971.75‬

Explanation:

To find the final cost, you multiply the cost of the product by the tax rate plus one.

For this problem, you multiply 14,950 by (0.065 + 1) to get the answer