a bicycle has a listed price of $601.98 before tax. if the sales tax rate is 6.5%, find the total cost of…

a bicycle has a listed price of $601.98 before tax. if the sales tax rate is 6.5%, find the total cost of the bicycle with sales tax included. round your answer to the nearest cent, as necessary.

a bicycle has a listed price of $601.98 before tax. if the sales tax rate is 6.5%, find the total cost of the bicycle with sales tax included. round your answer to the nearest cent, as necessary.

Answer

Answer:

$640.11$

Explanation:

Step1: Convert tax rate to decimal

$6.5%=0.065$

Step2: Calculate tax amount

$601.98\times0.065 = 39.1287$

Step3: Calculate total cost

$601.98+39.1287=641.1087\approx641.11$