Question

At Best Buy, you buy a 55-inch TV for $499.99. You include the 2-year protection plan for $69.99. Tax in Indiana is 7%. How much tax will you pay? What is your final price?

Answer 1

$609.8786

Explanation:

Given that :

Cost of TV = $499.99

Protection plan = $69.99

Sales tax = 7%

Sales tax to pay :

Tax % * ( total cost of purchase)

0.07 * (499.99 + 69.99)

0.07 * 569.98

= $39.8986

Total price:

Cost of TV + cost of protection plan + sales tax

499.99 + 69.99 + 39.8986

= $609.8786