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Tax rate 8.5% what is the tax on $95 round to nearest hundredth

User Freshblood
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2 Answers

3 votes
8.08 is the correct answer
User KoKlA
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6.8k points
7 votes

Answer: The tax would be about $8.08, having rounded up.

Explanation: Firstly, convert 8.5% into a decimal (making it 0.085), and multiply the decimal by the $95, to find how much tax you're paying on the $95. In this case, it came out with 8.075, which rounds up to 8.08.

User Alanzo
by
7.4k points
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